Comments on: Could you Trade Full Time? http://www.chrisperruna.com/2008/02/11/could-you-trade-full-time/ A blog about trading, finances, success and life itself Fri, 30 Dec 2011 14:18:33 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Marky http://www.chrisperruna.com/2008/02/11/could-you-trade-full-time/comment-page-1/#comment-21353 Marky Fri, 21 Aug 2009 04:41:12 +0000 http://www.chrisperruna.com/2008/02/11/could-you-trade-full-time/#comment-21353 I answered "no" to all of those but the spouse one. No joke. I on the two year plan. I answered “no” to all of those but the spouse one. No joke. I on the two year plan.

]]> By: jmot’s Blog - How much capital is needed to begin trade full time? http://www.chrisperruna.com/2008/02/11/could-you-trade-full-time/comment-page-1/#comment-21046 jmot’s Blog - How much capital is needed to begin trade full time? Thu, 14 May 2009 09:56:35 +0000 http://www.chrisperruna.com/2008/02/11/could-you-trade-full-time/#comment-21046 [...] Chris Perruna also suggests a six figure sum to start with [...] [...] Chris Perruna also suggests a six figure sum to start with [...]

]]> By: B. Satzinger http://www.chrisperruna.com/2008/02/11/could-you-trade-full-time/comment-page-1/#comment-20764 B. Satzinger Tue, 17 Mar 2009 13:24:26 +0000 http://www.chrisperruna.com/2008/02/11/could-you-trade-full-time/#comment-20764 Chris, I'm curious about the picture at the top of the blog post. Is that the system you use? I counted seven screens with two keyboards. Do you use all screens when doing your research? How many computers is that? Thanks! Chris,
I’m curious about the picture at the top of the blog post. Is that the system you use? I counted seven screens with two keyboards. Do you use all screens when doing your research? How many computers is that? Thanks!

]]> By: ken http://www.chrisperruna.com/2008/02/11/could-you-trade-full-time/comment-page-1/#comment-20563 ken Sun, 18 Jan 2009 12:17:19 +0000 http://www.chrisperruna.com/2008/02/11/could-you-trade-full-time/#comment-20563 In this day and age, we don't see too many money management professionals worrying about trying to outperform the market. These investment strategy professionals are concerned with management on a good day but pay little attention to stock investing success and financial growth · Michael Marcus: Turned a $30,000 account into over $80 million. · Tom Baldwin: Started with $25,000 , he got to over $2 Billion. · Ed Seykota: 250,000 % return on his account over 16 years. · Nicolas Darvas : $25,000 into $2,25 million (in just 18 months). · Steve Lescarbeau: He developed a Trading system that has averaged a 70% return ever year. · Steve Cohen: He manages billions of dollars and averaged returns of 90% during the past seven years. · Mark Minervini: Averaged 220% annual returns in the past five years. They are real people, who not only make massive gains from the stock market but do it with millions under money management. Size of your capital is not issue .It is your Money Managment strategy that matters plus your mental discipline to stick to a time-tested strategy that has proven to work. In this day and age, we don’t see too many money management professionals worrying about trying to outperform the market. These investment strategy professionals are concerned with management on a good day but pay little attention to stock investing success and financial growth

· Michael Marcus: Turned a $30,000 account into over $80 million.
· Tom Baldwin: Started with $25,000 , he got to over $2 Billion.
· Ed Seykota: 250,000 % return on his account over 16 years.
· Nicolas Darvas : $25,000 into $2,25 million (in just 18 months).
· Steve Lescarbeau: He developed a Trading system that has averaged a 70% return ever year.
· Steve Cohen: He manages billions of dollars and averaged returns of 90% during the past seven years.
· Mark Minervini: Averaged 220% annual returns in the past five years.

They are real people, who not only make massive gains from the stock market but do it with millions under money management.

Size of your capital is not issue .It is your Money Managment strategy that matters plus your mental discipline to stick to a time-tested strategy that has proven to work.

]]> By: Humble Money » Blog Archive » links for 2008-03-01 http://www.chrisperruna.com/2008/02/11/could-you-trade-full-time/comment-page-1/#comment-17109 Humble Money » Blog Archive » links for 2008-03-01 Sat, 01 Mar 2008 04:25:19 +0000 http://www.chrisperruna.com/2008/02/11/could-you-trade-full-time/#comment-17109 [...] chrisperruna.com » Blog Archive » Could you Trade Full Time? Interesting comments. 6 figures absolute minimum I think, preferably mid 6’s to low 7’s for comfort. [...] [...] chrisperruna.com » Blog Archive » Could you Trade Full Time? Interesting comments. 6 figures absolute minimum I think, preferably mid 6’s to low 7’s for comfort. [...]

]]> By: Blog Reading Catch Up | What the $%@&* Trading! http://www.chrisperruna.com/2008/02/11/could-you-trade-full-time/comment-page-1/#comment-16851 Blog Reading Catch Up | What the $%@&* Trading! Tue, 19 Feb 2008 03:09:29 +0000 http://www.chrisperruna.com/2008/02/11/could-you-trade-full-time/#comment-16851 [...] Chris Perruna has an entry, “Could you Trade Full Time?”….answers to allow you to determine if you can trade full time. Chris also has some information from Bulkowski. [...] [...] Chris Perruna has an entry, “Could you Trade Full Time?”….answers to allow you to determine if you can trade full time. Chris also has some information from Bulkowski. [...]

]]> By: Stop Loss » Blog Archive » links for 2008-02-12 http://www.chrisperruna.com/2008/02/11/could-you-trade-full-time/comment-page-1/#comment-16703 Stop Loss » Blog Archive » links for 2008-02-12 Tue, 12 Feb 2008 23:22:36 +0000 http://www.chrisperruna.com/2008/02/11/could-you-trade-full-time/#comment-16703 [...] chrisperruna.com » Blog Archive » Could you Trade Full Time? (tags: trading stockmarket stocks blogs) [...] [...] chrisperruna.com » Blog Archive » Could you Trade Full Time? (tags: trading stockmarket stocks blogs) [...]

]]> By: tom http://www.chrisperruna.com/2008/02/11/could-you-trade-full-time/comment-page-1/#comment-16700 tom Tue, 12 Feb 2008 18:46:00 +0000 http://www.chrisperruna.com/2008/02/11/could-you-trade-full-time/#comment-16700 I too, have been asked this question. I consult with traders all the time. My answer ... be able to give your wife three years of living expense with a 10% burn rate. Tell her that for three years there is no other money. That takes your budget off your mind for three years. From there you need an additional $250,000 as working capital. That is for a trader who is married with children. Anything less is a hard go. If you are single greater risk can be taken, but not with your family. I too, have been asked this question. I consult with traders all the time. My answer … be able to give your wife three years of living expense with a 10% burn rate. Tell her that for three years there is no other money. That takes your budget off your mind for three years. From there you need an additional $250,000 as working capital. That is for a trader who is married with children. Anything less is a hard go. If you are single greater risk can be taken, but not with your family.

]]> By: jeff http://www.chrisperruna.com/2008/02/11/could-you-trade-full-time/comment-page-1/#comment-16699 jeff Tue, 12 Feb 2008 18:44:41 +0000 http://www.chrisperruna.com/2008/02/11/could-you-trade-full-time/#comment-16699 I'd say that 99% of people that want to trade full time shouldn't be trading at all. You brought up a good point when you asked if one built up their 6 figure stake part time. Actually, I think it's necessary to have a decent seven figure stake to trade. Great blog, by the way. Jeff I’d say that 99% of people that want to trade full time shouldn’t be trading at all. You brought up a good point when you asked if one built up their 6 figure stake part time. Actually, I think it’s necessary to have a decent seven figure stake to trade.

Great blog, by the way.

Jeff

]]> By: Chris http://www.chrisperruna.com/2008/02/11/could-you-trade-full-time/comment-page-1/#comment-16695 Chris Tue, 12 Feb 2008 13:53:47 +0000 http://www.chrisperruna.com/2008/02/11/could-you-trade-full-time/#comment-16695 Jennifer, I am sorry but MSW closed last March after the death of my father. I decided to focus on family more and couldn’t devote the time needed to run the site. Besides, I have a lot more fun doing this blog for free! Enjoy! Jennifer,
I am sorry but MSW closed last March after the death of my father. I decided to focus on family more and couldn’t devote the time needed to run the site. Besides, I have a lot more fun doing this blog for free!

Enjoy!

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