it takes. At this point, I was still playing computer games and simply did the bare minimum thats required. The same goes for trading. Best you are not married with kids, have no outstanding loans or any form of financial liabilities. A day trader doesn't care where a stock free forex calls will be next week or next year; they care about where it will in minutes, or even seconds, from now. It was depressing as I knew so much about trading but cant turn my knowledge into profits.
If you are forex reserves of india and china considering quitting your current job to day trade for yourself or for a firm, understand that it may take several months or more to start generating an income, and the income may not be as much as expected because of trading hard. Passion alone is not enough. Ability to work from home (possibly if you develop a successful track record. It can be a lucrative business, but also a tough one. It changed my outlook on life and to strive for nothing but the best. Includes: Profit Loss statement, transaction history, trading reports. Prop traders are not usually paid an hourly wage or salary and don't receive perks like health care. Even if youre a losing trader, it doesnt matter.
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