Hi Charlie
First of all thank you for your videos, they really help.
I’ve been trading for 4 years now, and last year was my first profitable year only swingtrading (2-3 trades per week), risking less than 1% per trade, sometimes 0.5%, and a 12% return for the year. What do you think? Do you think that is a good return?
Then, I wanted to ask you about trading for a living. I’m still in disbelieve. I know you say that is better to have multiple sources of income. But is it really posible to just live from trading as a primary source? I know that not all the months are the same. But what if I had 2 yearly income saved. If I started on 2019, I’ll be literally trading for 2021 income. What do you think?
I’d really apreciate your response because don’t know what to believe, if that’s posible, or if trading is just to create wealth and not something to live of.
Charlie loses £400 today – Friday’s live trade video…
This was a good example of even when a trade looks really good, you still respect your risk management as they still don’t always work….
6 Comments
Hi Charlie,
Having problems playing video content recently. Could be me, or has anything changed?
nothing has changed maybe clear you cache etc!
Bad luck! Enjoy Scotland.
Do you ever carry out a postmortem analysis to work out what went wrong and how you could improve your setting and tracking of the setups?
not really as im quite comfortable with having losers and my overall performance is fine. if I lost money from trading then yes I would indeed do that
Hi Charlie
First of all thank you for your videos, they really help.
I’ve been trading for 4 years now, and last year was my first profitable year only swingtrading (2-3 trades per week), risking less than 1% per trade, sometimes 0.5%, and a 12% return for the year. What do you think? Do you think that is a good return?
Then, I wanted to ask you about trading for a living. I’m still in disbelieve. I know you say that is better to have multiple sources of income. But is it really posible to just live from trading as a primary source? I know that not all the months are the same. But what if I had 2 yearly income saved. If I started on 2019, I’ll be literally trading for 2021 income. What do you think?
I’d really apreciate your response because don’t know what to believe, if that’s posible, or if trading is just to create wealth and not something to live of.
Thank you in advance
Kind regards
Paul Oak