Hello Soft trader,
I just completed this thread all pages, i found interesting responses from members.
I would like to share my views.
I want to tweak the poll question. For a part time trader to become full time trader and to expect returns from market, the inventory is not only the CAPITAL.
The biggest inventory is our MENTAL READINESS. If you dont mind , i will cite one example.
If a poll is conducted on the question, how much salary the MBA student can expect after his completion of course?
The right answer is not 30K,40K, or 50K . The answer is , Is the MBA student is industry ready to get the job. If he is not upto the requirement of what industries expecting, then who will give him the job and how much can we expect him to be paid. Is it not the poll question is absurd in this case ?
Similarly , all full time traders are not worth or deserving money from market, because most of them are not MARKET READY. Just the MBA course completion certificate is not enough and sufficient for employement, accordingly, your full time trading and your capital are not sufficient requirements to earn money in the market. When iam saying earning , it is consistently earning , and it is having positive expectancy.
So my request is, Modify the poll question as
" If a trader having right mindset and attitude enough to trade markets, then how much profit he deserves ?
Before concluding i taken your point, undercapitalized trader having lot of disadvantage. He can not maintain the risk management and he can not hedge.
For me 6 to 8% per month is enough. Honestly iam unable to breakeven my investment. Continuosly iam losing. For me this financial goal is OK
The above is my views only. If i hurt any body , iam sorry.