home traders: how much can you make?

how much can you make annually

  • >£200K

    Votes: 98 21.6%

  • £100-200k

    Votes: 30 6.6%

  • £50-100k

    Votes: 45 9.9%

  • £20-50k

    Votes: 48 10.6%

  • £0-20k

    Votes: 94 20.7%

  • I lose money

    Votes: 139 30.6%
  • Total voters
    454
this question has been asked endless times before. The ££ figures are irrelevant because there are so many different factors that influence the ease or difficulty with which one might make say £200k

if I were trading with say £10m capital, would you be impressed if I said I was making £200k+ per year? what if I only had £10k in my account instead?

My question to you would be does it really matter, and why do you want to know?
 
Arbitrageur said:
this question has been asked endless times before. The ££ figures are irrelevant because there are so many different factors that influence the ease or difficulty with which one might make say £200k

if I were trading with say £10m capital, would you be impressed if I said I was making £200k+ per year? what if I only had £10k in my account instead?

My question to you would be does it really matter, and why do you want to know?
Click to expand...
Repetiive silly question, seconded. Boring, isn't it ?
 
Joke

TraderPattern said:
Move on quickg, you rookie.

Such questions are overasked and totally miss the point.
Click to expand...

Maybe Quickg was trying to wake us all up.
It's not about £'s

It's about %

:cool: :confused:

IM5
 
iornmonkey5 said:
Maybe Quickg was trying to wake us all up.
It's not about £'s

It's about %

:cool: :confused:

IM5
Click to expand...
No it is not. It is about asking silly questions, again and again.

And if that is not enough, different variants of the same question are asked, repeatedlly,
boring all of us to tears.:rolleyes:
 
I think every new person is entitled to one question and I think that it may come across silly to those experienced however I do think that if you do deem a question silly then dont reply and take some time to remember when u started out. I think new people are seeing if they can make a living out of this and seeing if people are realistically making a living out of this due to so many scams and promises out there to make xyz a day.
 
tzewaic said:
I think every new person is entitled to one question and I think that it may come across silly to those experienced however I do think that if you do deem a question silly then dont reply and take some time to remember when u started out. I think new people are seeing if they can make a living out of this and seeing if people are realistically making a living out of this due to so many scams and promises out there to make xyz a day.
Click to expand...
Please, don't start.

There are at least three threads like this started every year, asking the same questions from different angles again and again, it gets to be a bit tiresome, specially when in the past all these things have been discussed endlessly, ad nauseam.

Boring, it is.
 
Not that I'm trying to defend the thread but surely the same could be said for 95% of threads?

Especially for members who have been here a long time.
 
quickg said:
I am interested in the home traders only.
Click to expand...

quickg,

If you started with £1000 and bet £1 a point you could make £1000 a year, £10000 £10 a point bet £10000 a year , £100000 £100 a point bet £100000. These are sums you could make but first you have to work out a system. You may also make nothing and actually lose money. Back test and real time testing using demo accounts to make sure it works or has a high probability of working.

Breadman
 
As allways the same suspects giving it large.
The question should be...
How much does it COST to trade ???
NEWS/ISP/BROKERAGE/What ever?
This is the FIRST Question anyone should ask
Come on Socy .... How much does your set up cost???
No Quotes No Philosophy NO Evasion
Just Pounds Shilings and Pence please.
HOW MUCH MUST I MAKE TO BREAK EVEN?????
 
Last edited:
SOCRATES said:
Repetiive silly question, seconded. Boring, isn't it ?
Click to expand...

Boring, Boring, Boring, Boring, Boring. (Is It?) :confused: :confused:

Alright this thread/Poll has not been started with the most sophisticated questioning, but what is more important about getting into trading than what money you can make from it?

And if a Newbie is thinking of this as a possible career path, who wouldn’t want to know what the possibilities are? Would any one think about accepting a new job or taking on a new business without first knowing or at least having some idea of what the rewards might be?

This might be boring for experienced traders, but surely this is what attracted most of you to the markets in the first place?

I'm only saying this as I may have just started a similar thread within first steps :| :|

Glen
 
Why does everyone have such a problem saying how much they started with and how much they earn? I never understand that...



belflan said:
Boring, Boring, Boring, Boring, Boring. (Is It?) :confused: :confused:

Alright this thread/Poll has not been started with the most sophisticated questioning, but what is more important about getting into trading than what money you can make from it?

And if a Newbie is thinking of this as a possible career path, who wouldn’t want to know what the possibilities are? Would any one think about accepting a new job or taking on a new business without first knowing or at least having some idea of what the rewards might be?

This might be boring for experienced traders, but surely this is what attracted most of you to the markets in the first place?

I'm only saying this as I may have just started a similar thread within first steps :| :|

Glen
Click to expand...
 
belflan said:
This might be boring for experienced traders, but surely this is what attracted most of you to the markets in the first place?
Click to expand...

Not really. For me it was i) the quality of life advantages: being my own boss and being able to work when and how I liked to fit round family life, and ii) the fascination of the markets themselves (from a behavioural perspective). Every day I look forward to putting into practice what I know, and to learning more. If I'd really wanted to make money, I'd have stayed in my old job in the City (which wasn't trading), but it was boring and ridiculous hours.

It's a cliché, but no less true, that for most serious traders 'money is just a way of keeping score'. If money is the prime attraction, particularly for beginners, it is likely to end in tears, IMO.
 
trader_dante said:
Why does everyone have such a problem saying how much they started with and how much they earn? I never understand that...
Click to expand...
The question at the start of this thread is "how much money CAN you make annually? Perhaps if the questioner had phrased it as "how much DO you make" the %ge of losers might have been nearer the commonly accepted 90 to 95%. But then again perhaps not, traders have to have a positive expectation to carry on.

Perhaps the question should have been "what percentage of your starting capital did you lose/win last year?" Still won't give you the answer you want though, because most of the losers don't want to be reminded (too painful) so will avoid the question and move on to another thread, leaving a misleadingly high result! :LOL:
 
quickg said:
I am interested in the home traders only.
Click to expand...

$30 Million. Dan Zanger made $40 million in 18 months trading from home, so that translates roughly to $30 million annually.

Does that help?
 
So how long is a piece of string ?
OK for a newbie to ask but I see you joined T2W in 2003.
OK so you are taking a bit of time to settle in.
It surely depends on your account size and ability
And to answer your next question ( alright so you haven't posted it yet )
If the trading system is any good they are using it and if it isn't their trying to sell it...............
:eek: :eek:
 
Jack o'Clubs said:
Not really. For me it was i) the quality of life advantages: being my own boss and being able to work when and how I liked to fit round family life, and ii) the fascination of the markets themselves (from a behavioural perspective). Every day I look forward to putting into practice what I know, and to learning more. If I'd really wanted to make money, I'd have stayed in my old job in the City (which wasn't trading), but it was boring and ridiculous hours.

It's a cliché, but no less true, that for most serious traders 'money is just a way of keeping score'. If money is the prime attraction, particularly for beginners, it is likely to end in tears, IMO.
Click to expand...

Thanks for the reply Jack O Clubs :cool:

I take your point that it’s not all just about the money. But I’m guessing from your previous job in the city you already had a fair idea of what the returns might be. I have no such experience. Therefore my only way of estimating what returns are possible are books on trading and boards like T2W.

If you didn’t know, or hadn’t a fair idea that trading could support you financially, would you have taken the leap?

I would guess that your (& most peoples) first consideration when contemplating trading for a living is, ‘Is it financially possible’ or are most of the people trying it actual losing money and just don’t want to admit it to themselves (never mind a newbie like me.)

Thanks
Glen
 
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