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Strategies & Market Trends : Trading For A Living

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To: Darren who wrote (618)7/19/1998 7:14:00 PM
From: Mad Bomber  Read Replies (1) of 1729
 
[Gross Income]

When you say:

Both questions / responses were to achieve a 6 figure income.

Six figure gross income on $50,000 is pretty easy. if you have at least some aptitude for trading...don't forget about the gov't though. They want their cut quarterly...

Is your Gross income estimate here net of all trading costs (i.e. commissions, reasearch, hardware, etc.). Also, I assume you mean 50K margin account, so, 100k approx. buying power??

MB
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