How much you need to trade for a living - A Professional Trader’s thoughts

Time stamps:

00:09 – How much money you need to trade for a living
00:46 – Trading with your own capital
01:49 – Top 15% of the US household income is $100,000
02:10 - Stanley Druckenmiller made 30% a year for 30 years
02:34 – Example 1: You make 20% a year
03:15 – Running into draw down
3:36 – Let’s assume you have $750,000
4:21 – Let’s assume you have $1,000,000
12:35 - Psychological Pitfalls
14:43 – Managing other people’s money
16:49 - Summary