Bankroll and Profit of a Pro Trader

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Hi @ all !

I wanna become a pro trader next year.

therefore i´d like to know what´s the minimum bankroll and the minimum profit of a pro trader.
what would you think?

Ryan

@lee-woodman 100%, a lot of people get their sights stuck on if I have £10K as a bank I'll be able to make £2K a month, doesn't always work like that.

? Offline

@ryan It’s not the size, it’s what you do with it….right?!

Ryan

@rene-pichl I would firstly say it depends where you are on my levels of trading?

5 Level Framework

Level 1
Goal - First profitable trade

Level 2
Goal - First profitable day trading

Level 3
Goal - First profitable month

Level 4
Goal - Consistently profitable - Part time level - £1K

Level 5
Goal - Full time trading

A lot of people obsess over bank size etc...

Martin

@rene-pichl maybe more like 5 to 1 if you are a pro, 20% a month is a good aim

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let´s say the ratio of bankroll:profit/month should be 10:1?

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Only you can really say what you need to earn! Some people need 3k per month, others are fine with just 1k per month….same with a job!

Martin

@rene-pichl enough to pay the bills I guess is minimum profit, bankroll of 10k is usually what I recommend for full timers