Wen

I usually only read Trader's laboratory post on a daily basis and I enjoy the contribution of each trader and their experiences. I would just like to point out major math flaw here. You said you need 500k starting capital to make 5k a month or 60k a year. That is 12% gain instead of 50%. If that is the case, you only need 120k starting capital for a withdraw of 5k a month. I think for people who are young with a little bit of leverage 2 or 3:1 is entirely doable. Lets be real though, if you are an amateur trader in ur 20s, your yearly expense won't be 60k. 30-40k top in metro areas.