How Much Money Do You Need to Start Trading for a Living? | Forex
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How Much Money Do You Need to Start Trading for a Living? ★ SUMMARY ★ When I look at this question, I see the answer in two parts: 1) what kind of lifestyle do you want? and 2) how much money do you need to start trading to get to that lifestyle? Lifestyle What kind of lifestyle do you want? You will first need to answer this question before moving on to the next. Do you want to party 5 nights a week and spend $200 a night? Do you want to live in a $5 million mansion? Maybe you just want to be a stay-at-home parent who has a few hundred dollars a month to help support your family. This also applies to where you wish to live. If you're trading in the U.S. market but living in Costa Rica, the lifestyle costs are different. You need to do some research and calculate what type of lifestyle you need or want and configure costs... Posted at: http://tradersfly.com/2014/02/much-money-need-start-trading-living/ ★ SHARE THIS VIDEO ★ https://youtu.be/yC77A5BEKUg ★ SUBSCRIBE TO MY YOUTUBE: ★ http://bit.ly/addtradersfly ★ ABOUT TRADERSFLY ★ TradersFly is a place where I enjoy sharing my knowledge and experience about the stock market, trading, and investing. Stock trading can be a brutal industry especially if you are new. Watch my free educational training videos to avoid making large mistakes and to just continue to get better. Stock trading and investing is a long journey - it doesn't happen overnight. If you are interested to share some insight or contribute to the community we'd love to have you subscribe and join us! FREE 15 DAY TRIAL TO THE CRITICAL CHARTS -- http://bit.ly/charts15 GET THE NEWSLETTER -- http://bit.ly/stocknewsletter STOCK TRADING COURSES: -- http://tradersfly.com/courses/ STOCK TRADING BOOKS: -- http://tradersfly.com/books/ WEBSITES: -- http://rise2learn.com -- http://criticalcharts.com -- http://investinghelpdesk.com -- http://tradersfly.com -- http://backstageincome.com -- http://sashaevdakov.com SOCIAL MEDIA: -- http://twitter.com/criticalcharts/ -- http://facebook.com/criticalcharts/ MY YOUTUBE CHANNELS: -- TradersFly: http://bit.ly/tradersfly -- BackstageIncome: http://bit.ly/backstageincome
Comments
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10 seconds and I switched channel
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dude those expenses added up are 1500 not 3000
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what if i only have 500-800 dollars as capital to start trading? would it be possible and if so then how?
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and how does the price of the stock correspond to the possibility/chance of gain and loss? are more expensive stockes more stable nd more likely to move up ? or it doesn't depend on the stock price?
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/ / U
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25k minimum to daytrade but you need alittle more incase your first day is a lost , like 27-30k to be safe, have a strategy/method, get in/get out , small loss big profit=win.
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This is a great educational videos on trading. I just wanted to make a few hundred a week. 150.00 a week. and I'm good.
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you the man bro. thank you!
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i made 2,000 with 3,000 in about 6 weeks. total 5,000 trading penny stocks. not bad a all.
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You are not real
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whats ur trackrecord?
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You know what..
Forget it. i'll just sell my soul to the Illuminati and hope for $$$
Wish me luck. -
If you win.. Is someone losing? Who is losing?
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I found out what separates a trader from someone that is wealthy is the wealthy person collect paper until they can trade $100,000 at infrequent trades (under 5 trade a year) strictly option trades. Anything under that, you are not really creating wealth and just end up trading with no real capital to show for.
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He`s a Phony!
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I thought you were very knowledgeable, but it seems that you have no trading record. So everything you say is speculation or stuff already available for free. Wow. Unsubscribed.
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Question to you or to anyone who knows the answer. Is it possible to buy US stocks from Europe, and if it is, are there any special protocols ? Thank you !
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Great video. Thanks
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I wanna make 3000 to 5000 a month trading can i do that?