daytrading march 4 afternoon, page-56

Hmmm, daytrading for a living.

Would never give up my job, even if i had been able to match my income from working for a few years running. Really need to prove yourself over multiple market cycles - bull and bear. Say your average cycle is 6-8 years. That's 12 years minimum before you know you've got the goods under a range of conditions. I guess it's like starting a business though: ultimately, you need to throw caution to the wind and take a risk to generate the rewards. Sometimes that means not playing the 'sensible' game.

I earn a decent wage but PBT has made me more in the last 12 months. Those scenarios are few and far between for most of us, simply because the micros that generate the largest gains are the ones we're less likely to invest heavily into.