Thread: Why successful day traders seek investment?

Thank you all for the Ongoing replies

Originally Posted by ;

quote Merely speaking.. .It's a stepping stone. 1. Showing your market prowess helps to build confidence. As a poor day trader, paying the bills is great, but you lack the recognition of the others tapping you on the back that lends itself to the social pitfalls of individuality. 2. Leverage with a broker which will continue to cover, isn't the same leverage as the majority of the average Joe's have access to. Typical 500-1000:1 tapers dramatically when you hit the 10,000 mark. This is the illusion to maintain suckers investing in their dime accounts....

Excellent insight, ! So true...!

Especially No.4: It is not a hassle. It is a fucking Nightmare!!!! ... Do not even get me started trading money for family and friends... create them 15% and it's insufficient. Reduce 2% and you've effectively discharged their life savings and they now have to rent their basement to feed the kids.

Originally Posted by ;

quote4. It's not a hassle. It's a total fucking Nightmare!!!! When others view that your stats, they begin to view the moon when you haven't even taken a leap from the ground. If their cash is on the linethey need a fucking update every 15 seconds as to why they aren't rich yet. And then. . .there is working for an actual brokerage trading with managed accounts. . .you feel the anger of all of the customers with an account manager who wants an update after each time you press the buy/sell button! Do not even get me started trading money for buddies...

Outstanding... I have gone, believing the matter...

Greatest
D.P.

Originally Posted by ;

quote Great post magix. Hey if you don't mind I'm gunna pinch your last line for my signature. .

Originally Posted by ;

quote Excellent insight, ! So true...! Especially No.4: It's not a hassle. It's a total fucking Nightmare!!!! ... Don't even get me started trading money for friends and family... create them 15% and it's insufficient. Reduce 2% and you have effectively stolen their life savings and they finally have to let out their basement to feed the children.

Originally Posted by ;

quote Outstanding... I've gone, thinking the thing... Greatest D.P.

There is just one and just one business model which can make you money with forex

1) loe a gimmick (example We discovered that a long lost trading manual written by W D Gann
2) Show some favorable trading track record (demonion is ok and values can be doctored as required )
3) Develop a membership base. You have to invest and put all of your effort in marketing
4) For the edifiion of your enthralled followers, then make sure that you do a live trading session once a week - real money, as a marketing expense. .
5) and to cap it all, always sell sell sell; (books, videos, instruction, appliions; etc...)

That is how money is created in forex if using your own FX brokerage isn't an option. .

Successful day traders don't seek out investment.

They're their own boss.

Originally Posted by ;

quote Simply speaking.. .It's a stepping stone. 1. Showing your market art helps to develop confidence. As a poor day trader, paying the bills is great, but you lack the recognition of others tapping you on the back that brings itself to the societal pitfalls of individual identity. 2. Leverage with a broker which will continue to cover, is not the exact same leverage as the majority of the typical Joe's have access to. Typical 500-1000:1 tapers dramatically when you hit on the 10,000 mark. Here is the illusion to maintain suckers investing in their dime accounts....

I heard something with that post. It reaffirms my perspective of staying private, selling nothing, and not carrying any money from friends or family.

Originally Posted by ;

Why successful day traders find investment? Hi All, Excuse me to the possibly ignorant questions. 1) Why is it that the customary path of a successful day trader to want to demone his track document for the express intention of finding investment? 2) Surely a good day trader can continue to utilize the massive leverage readily available in FOREX to continue to take bigger positions? So why do you want clients money when you have access to this much leverage? 3) If you did use clients money then youd need to talk about your profits at 50: 50 together with the customer so that you find yourself using...

The response is straightforward.

They are successful for some reasons. One of these and incredibly important one is because they do not over leverage their accounts. Otherwise they would not be prosperous.

Originally Posted by ;

quote The answer is straightforward. They are effective because of some reasons. One of them and very important one is since they do not over leverage their accounts. They would not be prosperous.

And to be an effective trader then we need to continue to improve trading skills are good, with improved skills will allow us to improve the trading results, then why try to take advantage of the demo account or demonion competition to become a successful trader

I suppose this thread is dead, but I am just replying again because it showed-up in my'Subscriptions' section. Another fairly valid reason for trading OPM is authenticity - not only to family and friends (and if someone thinks that should not matter then they're just a young, dumb kid), but to banks and anyone else you may want to take you seriously. A bank won't offer you a loan for that beach house or Ferrari if you do not'get paid' somehow (with OPM) - and then end, eventually beginning an LLC (I am assuming you're from the US) will give you a paycheck.