Alternative income for a trader

Best options for trader


  • Total voters
    11
#31
Well said verde!! Also a trader has to be well capitalised even after the loosing initial years at the time he finds an edge. Most people take 3-8 sometimes even more years to find and understand how it works. By then one must be still be well capitalised. 15-45% per annum non compounding on a big capital is a good return anything more consistently year after year is good.

So if someone is left with enough capital after x years of failures so that after his expense and taxes he is still able to add capital next year then he doesnt need any other source of income.
Agree.
in addition, a trader must be able to make independent decisions, constantly analyze the market, and limit communication with strangers
All these qualities and characters of conformism and individualism must be present and balanced way in a trader.
 

Raj232

Well-Known Member
#32
Agree.
in addition, a trader must be able to make independent decisions, constantly analyze the market, and limit communication with strangers
All these qualities and characters of conformism and individualism must be present and balanced way in a trader.
This pretty much standard message is what I have seen being posted by some new members: a trader must be able to make independent decisions, constantly analyze the market, and limit communication with strangers

New member for all practical purposes IS a stranger.. :DD:DD:DD
 

Similar threads