Now what?
Now that you have been successful in trading, after sometime of learning and struggling, you have made it. You are now making consistant profit. You have taken looses before and now you are better than most.
Now what? What's the next step?
Think about it, you have a 50k account and are trading with returns of 10% which is about 5k a month (this kind of returns are much better then most pros out there; in percentage i mean). Is that enough? Can 5K buy you that boat you wanted or that car of your dreams? I used to think about that, that's why i expanded to managing funds / accounts. But is that enough?
Has anyone out there thought about this? I hope to provoke some ideas in good traders and hopefully they can share ideas that will help other traders thinking about this as well.
Andrew
Now that you have been successful in trading, after sometime of learning and struggling, you have made it. You are now making consistant profit. You have taken looses before and now you are better than most.
Now what? What's the next step?
Think about it, you have a 50k account and are trading with returns of 10% which is about 5k a month (this kind of returns are much better then most pros out there; in percentage i mean). Is that enough? Can 5K buy you that boat you wanted or that car of your dreams? I used to think about that, that's why i expanded to managing funds / accounts. But is that enough?
Has anyone out there thought about this? I hope to provoke some ideas in good traders and hopefully they can share ideas that will help other traders thinking about this as well.
Andrew