How good of a trader do you need to be to make a living?

thank you for oyur Q's.

as a side note, I know if I drop in on a trading club, that I am going to be asked about 1,000 questions right off.

all these little requests for "bridges" quickly generate into a cohesive whole. there are many many amateur retail people out there who have no ax to grind as in ET (a place where "unbelievable" rules).

By getting some buddies and forming a team, it all just happens. A team can self mentor itself.

 

How good of a trader do you need to be to make a living?
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You have to be in the top 1% of the 1%. A true Elitetrader.

Up for the challenge?

 

I guess I was being too generous when I posted this comment on another thread:

 

The real number could never be calculated. But I think its safe to say that 1 out of a 1000 can actually hack it day in and out till they make it work. 5% maybe obtain scratch status. Which is fucking awesome stand alone by the way. Its that last push from scratch to ++ which is the mind blower.

1% of 1%...thats my call and im sticking to it.

 

I tried that (forming a team) a few times but failed at it. but I do believe it could work if the right people get together.

Thanks for your A's.

 

If he is cleared through GS, he doesnt have to have $100 mil. Only about $15 to $20.

 

So we need method and then we even dont need this $15 or $20 because there are many free bonuses available nowadays and we can use them to start making profits.

 

nearly everyone on et is a profitable trader. the barrier is low.