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to ease my conscience, i am a recently failed (ie ran out of risk
capital!) trader, and am discouraged but still want to eventually get
back into trading, can everyone out there give me an idea of how long
it took most of you to begin making a living as a trader, and if you
dont mind, how much money was lost prior to this point, the first
firm i was with was a bunch of scalpers (i know) and the second was
better but they ran out of space for me when advertising started to
bring in kids with $500,000 acounts (22 years old either they were in
menudo, or their parents gave it them), also what is a general profit
objective/stop among successful traders, and how long are these
positions generally held? both firms were targeting 1/2 point with a
1/4 point or less stop (again, i know) also are their any other
related professions out there that i may want to look at? (without
being a broker-hello ms. gruver i have some wonderful opportunies in
stock-click-market)
thanks in advance for the insight
sean
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