How Much Money Do You Really Need To Trade For A Living
Many traders whom i have interacted during my Trading Sessions have
one question in general "How much money do I really need to begin
trading for a living?"
I would then reveal the long-awaited answer
Determining the amount of money you need to start down the path of trading for a living is a complex process and one for which there are no shortcuts. The biggest and most lethal mistake that traders make when they decide to go “full-time” is being undercapitalized. It's one of the mostly lethal mistakes, traders will do and will make sure you end your trading carer is less than a year.
I wish I could make it easy and just give you a simple mathematical formula but that’s not how this works. Let me discuss few points which you should take into consideration before thinking about doing full time trading.
Quality of Life
First, let’s begin at the end,
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I would then reveal the long-awaited answer
Determining the amount of money you need to start down the path of trading for a living is a complex process and one for which there are no shortcuts. The biggest and most lethal mistake that traders make when they decide to go “full-time” is being undercapitalized. It's one of the mostly lethal mistakes, traders will do and will make sure you end your trading carer is less than a year.
I wish I could make it easy and just give you a simple mathematical formula but that’s not how this works. Let me discuss few points which you should take into consideration before thinking about doing full time trading.
Quality of Life
First, let’s begin at the end,
posted by Bramesh at
10:25 AM
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