

Kyle Williams
6.1K posts

@traderkylec
So bearish I’m bullish / Stock Trader for 9+ years / @iclovertrading





@BeijerCoen I don't need the money anymore.


I try to warn people of this reality all the time. Trading and only trading for a living is not for the financially undisciplined. In your example, even if able to make 30% off 300k account per year to live off the 100k, that doesn’t include taxes and most importantly, your trading account NEVER compounds. Your account will be 300k->400k->300k every year assuming the perfect and consistent growth of 30% a year. The moment you have a rough year that fragile system is over and the downward spiral begins. A trader that truly changes his financial life from trading either has an incredible edge that makes 100-300-500%+ returns per year or significantly lives underneath their means. Ideally and in most cases, they are doing both.








Robosapien and Roboraptor (2004)



JUST IN: Michael Saylor's Strategy proposes selling some Bitcoin to pay dividends. "You buy Bitcoin with credit, you let it appreciate, and then you sell Bitcoin to pay the dividend."






