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Entries Tagged as 'Beginners'

What I Learnt Losing £60,000 My First Year As A Full-Time Trader

January 23rd, 2008 · Comments Off

During my first year as a local (independent trader) on the floor of LIFFE, I bought and sold 8804 FTSE futures contracts, about 40 contracts per day on average. The result was a loss of £61,620 or -£267 per trading day. I was profitable on 55% of days with an average gain of £1009, my […]

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Tags: Beginners