How much do you aspire to make per year trading

Discussion in 'Psychology' started by Millionaire, May 30, 2022.

How much $$$ would you like per year from trading

  1. 0 - $50K

  2. $50K - $100K

  3. $100K - $250K

  4. $250K - $1M

  5. $1M - $2M

  6. $2M - $5M

  7. $5M - $10M

  8. $10M+

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  1. Millionaire

    Millionaire

    I'm sure this has been asked in years past, but doesn't hurt to update aspirations given inflation

    Assuming you have built up a large enough trading account.

    And the only constraints are your trading method scalability and personal risk tolerance.

    Realistically, on average how much ($$$ USD) profit would you like to make per year.

    And if you are already making this much then congratulations!
     
    Last edited: May 30, 2022
  2. maxinger

    maxinger

    The next Q might be :

    How much are you earning per year trading?
     
    sridhga likes this.
  3. Millionaire

    Millionaire

    Only a minority of people will be prepared to say and even then some of those will be lying.
    So results for that kind of question will never be accurate.
     
    TheDawn likes this.
  4. Pekelo

    Pekelo

    Enough to keep the wifey happy... everything else is just extra.
     
  5. cnbc once did a video about what is the average salary per year that ppl needs to make to be ok in america. it said anything more than that won't make you happier. of course, it would be different for big cities like nyc, sf, boston, la etc. but they come up with $75k/year for most average american.
     
    Last edited: May 30, 2022
    Pekelo likes this.
  6. If you make only enough to keep your old lady in booze and shoes, you're winning.
     
    comagnum and taowave like this.
  7. ffs1001

    ffs1001

    I'm surprised to see such a noobie-type poll from an experienced trader. It's a bit like a new guy to "game" asking experienced players "How many women do you aim to bang every year?"

    Traders who earn a living from this field know that as soon as they start thinking in terms of "I want to make $X this year" then it's detrimental to their trading cos their focus changes for the worse. They start thinking more emotionally, start revenge trading, doubling down etc to meet their annual "target". It's about following the process and the strategy correctly, and the $'s made at the end, are the reward that comes as a result of following the right risk management, right money management, trade setup and adjustments etc.
     
    Heydrrich, sridhga, comagnum and 5 others like this.
  8. virtusa

    virtusa

    yes, but what is "enough".
    I learned that for women that can go from small to very big...
     
    ET180 and Zwaen like this.
  9. Zwaen

    Zwaen

    uhh, okay..
     
  10. Enough to keep the special woman in your life happy.

    And hope that the wife does not find out.


    :cool:
     
    #10     May 30, 2022
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