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Re: FollowNoOne post# 2314

Monday, 09/26/2011 7:49:44 AM

Monday, September 26, 2011 7:49:44 AM

Post# of 6266
I have been online trading since 1996. But I will be bluntly honest with you. If I didn't have my spouse's salary (and health benefits) coming in during some really bad trading years I would have been out of this business a long time ago. I also over this time period had to take night jobs at certain times to supplement if I was having a bad year. If you do this for a living it takes a lot of time to learn the ropes and develop a working strategy. And your strategy has to change during market/economy fluctuations.

(or at your leisure without a day job)
lol there is no "at your leisure" if you decide to do this full time and make a living out of it. You have to be a slave to your computer all day if you want to trade.

This full time trading has worked well for me, but as I mentioned, I had other income coming in during the hard times (and you will have them). I personally don't encourage anyone to leave their jobs to do this full time. There have been so many people I know who tried it and are long gone. There are very few of them left from the 1990's when online trading first got started.

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