Originally Posted by Expired
Nice.. what exactly do you do?? And around what total % is taken in taxes??
Trying to figure out where I want to move..
lets see.. I'm still a kid so I wont be making as much as all of you..
(This would be if I actually traded like I'm supposed to)
6 trades a week @ 12k a trade, 3-5% profit a trade. $360-600 a trade, $2,160-3,600 a week if I don't have any losses, not including commissions. So thats $8,640-14,400 a month, $103,680-172,800 a year. (Once again, without having any losses @ 3-5% profit a trade, not including commissions. 288-480% profit a year.)
I had to remove this in an edit, check it, and then re-post it to make sure that it was actually right..
ur kidding me right? you are just like my homey, lives in an ideal world
....you are going to have losses!
even bill miller and warren buffet have losses...what makes you any better than two of the most renound investors of our time?