07-04-2021, 10:44 AM
Yes, it is. I’ve never lived a better life than I do now as a trader. No, one can make much more than 20% annually. People like to think in percentages way too much. Let me explain:
People look at the percentage of what a so-called pro-trader does, not realising that the market isn’t infinite and the size of your trade has a significant impact on how you can carry a trade out. These people who are managing really big pots can’t go in and out like I do, they are like a big and heavy lorry transporting building parts to an Airbus factory through narrow streets somewhere in France. I prefer to be the London cabby with a lovely tight turning circle. I can trade with precision, they can’t. They have more money which is a blessing and a burden at the same time. I’m flexible enough to trade with high precision very close to how the market moves.
People look at the percentage of what a so-called pro-trader does, not realising that the market isn’t infinite and the size of your trade has a significant impact on how you can carry a trade out. These people who are managing really big pots can’t go in and out like I do, they are like a big and heavy lorry transporting building parts to an Airbus factory through narrow streets somewhere in France. I prefer to be the London cabby with a lovely tight turning circle. I can trade with precision, they can’t. They have more money which is a blessing and a burden at the same time. I’m flexible enough to trade with high precision very close to how the market moves.