Monday 1 November 2010

A day in the life of a tennis trader

A couple of guys asked me to write about my life lol. Not sure that is a good idea. It doesn’t matter what my life is like. The question is what would yours be like if you could earn the money you needed in a few hours a day? Nor does it matter how much I make. What can you make?

But every since I was a kid I understood compound interest. And simply by taking 5% per match anyone can build a workable bank and achieve a great lifestyle. I often set my trades up to net 10%. That allows a good margin for error for trade outs and unexpected events. My key skills really are keeping my losses down to almost zero and the patience and discipline to be satisfied with small regular stress free returns. Being able to plan and implement exit routes from bad trades is absolutely mission critical. Once I stopped losing money i started earning money !

But the only way to find out what it is like is to have a go. Good luck.

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