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TRADING FOR LIVING
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Livermore
Master |
20-Aug-2009 12:39
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Can you make more than A+B? See my previous post?
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upforever
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20-Aug-2009 12:39
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haha, just like the cantonese drama series shown on chn 55, the housewife who plays stockmarket
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hondastream
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20-Aug-2009 11:40
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haha .. RICH husband. .. thou look good. but with lot of thing to shoulder. anyway homemaker. investor. they are good.. some can remember S/R at their fingers tips.. when should buy and when should get out. they provide the liquidity in the market. ... :P |
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MsAloevera
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20-Aug-2009 10:56
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Oh yeah.. find a rich Hubby can be rewarding as well... Thanx for the reminder ^_^
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upforever
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20-Aug-2009 10:55
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i made pretty decent profits too, but cannot quit my day time job. wife holding too many LV bags lol
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MsAloevera
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20-Aug-2009 10:47
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for me not yet.. not enough capital... thus I make more with my day job... I have been very inconsistant in stocks.. | ||||
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ravikp
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20-Aug-2009 06:41
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I am making pretty decent money average every month from part time trading..thats is why i am seriously thinking about the full time trading...even i can put my full effort to it and possible make some good money...
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MsAloevera
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20-Aug-2009 03:20
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U r so wrong =.=
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smartrader
Elite |
19-Aug-2009 23:31
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If you need face such pressure, ie. income target of A+B, you should hold on to your decision till your financial is more stable. The ideal is gain financial independent before becoming a full-time trader. Then, you will enjoy the lifestyle freedom and trading (in a year there will always be corrections - just buy during majpr corrections and sell when rebound is strong). Likely, you will make more money with a cool head. |
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Livermore
Master |
19-Aug-2009 23:20
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If you are confident if you trade full time, you can make more than if you work AND trade part time, then can consider. You must be able to consistently more that if you work and trade part time i.e work = $A, trade part time = $B. You must be able to make more than $A+$B if you want to trade full time | ||||
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hondastream
Member |
19-Aug-2009 23:14
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My point of view on trading to earn a living. It would depends you treat it as a business or avenue of generating constant income. Trading is like just like all other form of business the underlying is about taking risk business accument. and calculated risk etc etc. You need to know your stuff well the tools , the knowledge about the market and business acument. Your hunting skill must be there all the time. My vision is to master the skill required and venture into this challenging market. Infact this area is not a sunset industry. it is evergrowing. unless , the world dont need this thing called money !!! Have a good evening and good trading ," it is a bull market out there !!! ' |
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dealer0168
Elite |
19-Aug-2009 22:47
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U must be a full time housewife..........bingo Nothing to do, so invest in stock.
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MsAloevera
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19-Aug-2009 22:44
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I'm still very green, < 1year.. perhaps if I can survive another 5 years, then I will have the answer myself if it is possible to be profitable full time trading :) | ||||
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DnApeh
Master |
19-Aug-2009 22:16
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they are all too busy making money to post here. LOL!
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MsAloevera
Member |
19-Aug-2009 22:14
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Wow.. I hv been thinking about this question .. or rather, is there any example of successful FULL TIME TRADER...personally I haven met one.. exclude instituitional traders, brokers, and part time traders/investors (hv few other source of income)
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iPunter
Supreme |
18-Aug-2009 01:03
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Uncle AK is right... have a Carlesberg... Most people play the stock market hoping to make life better for themselves and their family, etc... But if they don't make it, life is not worth living at all... and they are right to want to end it all. Let's face it... which person in this land or elsewhere doesn't love money! In fact money is the only reason for their existence, the more the better. Those who overlook this fact are goondoos who don't see how much money features in reality. To die is better than to live a life of poverty... this is a very sad fact.
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sixsence
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17-Aug-2009 23:54
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Trade too stress , u only hv 4-5 hours sleeping time ( day asia stock , night us stock ) , you better keep your job secure , u may try to strike TOTO one day u will be a winner. | ||||
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Back2Basic
Member |
17-Aug-2009 22:35
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It is possible RAVIKP, but you must seek out the necessary knowledge first. with the knowledge, you take practice runs (paper trade)... it is not the best becos it is paper, but you get to practice your knowledge. After you have done at least 50 good trades on paper and continue to to learn from it, you can then start to play real money. Keep your position sizing small and be disciplined. Remember you objective - to survive (money mgt) and to learn to be a better trader everyday. You have to overcome your own psychology. Remember your postion size, and understand the price movements. Some tools you can use are : Swing trading, Position trading and intraday scalping methods...If you want to be a full time trader, you must be good at scalping - it generates income. The use postion and swing trading to build wealth. Suggest you learn while you are still working. Learn and practice hard... One day you will make it...like some of us here... good luck. |
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KIMPEK
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17-Aug-2009 12:11
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It will be fund and interesting to trade occasionally but not full time... because it is too stressful, l your living is depend on "Market" performance , you must have a strong heart and healthly Blood pressure... |
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richtan
Supreme |
17-Aug-2009 11:52
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The only way to overcome "fear n greed" is to be unemotional n trade mechanically based on your chart interpretations, "Plan your trade n trade your plan"
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