Glenn,
First off, I don't consider myself THE source, but simply a source. You are always free to add your comments to the thread, answer questions when asked and contibute. That is all I am doing. I find it interesting that people get so sensitive about this when I am simply pointing out things about trading, not your or anyone in particular's trading strategy. My feeling is that it strikes home.
Secondly, congratulation on your claimed success in trading. 3 to 5k per week for only 100k is fantastic. Nonetheless, let me point something out to you. Making 5k on 100k per week is not a rarity but definately something exceptional. You are probably one of the exceptional few. This kind of return would surely land you a seven figure salary at someone else's firm or would bring in investors head over heals for your own hedge, investment fund. Lets say you could gather up JUST a million in assets (10 people with 100k each) and you get 50% of the first 10% of the profits plus a xx% management fee. Now, to me, that would be the way to go, to develop something with some meat and potatoes. Last I checked these kinds of numbers are far greater than 4k x 52 weeks or 200,000k.
Donald, I wish you the best of luck. Don't be so sensitive. I am only pointing out items that I think might be in the thread reader's best interests. If its not for you, just pass it by. But honestly speaking, if you are that skilled, I am simply suggesting that these skilled traders CONSIDER other options. Atleast that way you can get a more broad exposure to the mrakets, traders,etc. for a period of time which can then help you with your future endeavors.
Regards, steve@yamner.com
Again, I live a pretty easy-going, inexpensive lifestyle, but, |