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32,754 Posts.
1380
30/11/13
09:31
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hard to say really as it depends so much on how good you are and your trading style
in times like these where specs are running
you can make very good money off only trading $50K
but given these conditions don't last a full year and there can be months in a row where making any money is hard
At least $100K if you are going to quit your job and just look after yourself
But to be safe
More like $500K - $1M if you have a big mortgage and a family depending on you
and like a decent lifstyle
And that's only if you are a gun DT/ST trader
this is always a topic that generates alot of interest
for all the people that criticise FT private traders imo
It is the freedom that such a lifestyle delivers as a FT trader
that is the holy grail for most Hot Copperites imo
Few on here manage to make a proper living as a FT trader.
it's not easy
But then again
What good things are?
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