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Old 05-05-2004, 05:04   #42
rob
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Re: R.Dennis's experiment with Turtles

Quote:
[i]O Anyhow, these 2% is much less than percenate of successful traders on forex which is widely considered to be 10%.
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I doubt 10% of forex traders make it.
If you mean that 10% are still trading after a year then true. BUT 10% turning it into their main income? More like 1 in 500.

I started almost 18months ago and have been semi-fulltime as a daytrader since. Never worked so hard in my life and am down about $26,000 so far. Only the last 2 months has some of the confusion cleared. It is like poker but with limitless probabilities.
Now, finally, on the horizon is the possibilty of making some major money. Still there is many a slip 'tween cup and lip. You just don't know whether you will be succesful until you are- and that is different from other types of livelihood.
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