DionysusToast
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Time = Money in my opinion.
All this stuff about percentage returns is moot. How much time are you willing to put in once you are proficient?
I know a guy who trades the FTSE before going on to trade the whole US session. He does very well doing it too. He makes more doing that than I will ever do just trading the US morning. He runs a fund. He is almost certainly mentally imbalanced but in such a way that suits trading. How he stays focused for that long, I don't know but I did hear he started hitting some herbal remedies (aka snake oil) that would help him focus for longer. I'm sure he'd probably try Ritalin if he could get it.
His money is turning over more times than someone that does a trade or two a day like me. He will therefore get a higher return, all other things being equal.
All this stuff about percentage returns is moot. How much time are you willing to put in once you are proficient?
I know a guy who trades the FTSE before going on to trade the whole US session. He does very well doing it too. He makes more doing that than I will ever do just trading the US morning. He runs a fund. He is almost certainly mentally imbalanced but in such a way that suits trading. How he stays focused for that long, I don't know but I did hear he started hitting some herbal remedies (aka snake oil) that would help him focus for longer. I'm sure he'd probably try Ritalin if he could get it.
His money is turning over more times than someone that does a trade or two a day like me. He will therefore get a higher return, all other things being equal.
