Trading is a Business
Not a job. Not a hobby. A business with a cost structure, suppliers, income targets, and an operating model. Most traders never think about any of those things, and that's precisely why most traders don't last.
A job pays you for time. A business generates return on capital. The difference is everything: how you evaluate decisions, how you select your capital suppliers, how you measure whether the operation is actually working. This section covers the operating model behind running a trading enterprise, whether your capital comes from a prop firm or your own account.
The numbers here are illustrations, not benchmarks
Figures like 1%/week are used throughout this section only to make the math concrete. They are not a performance target you are supposed to hit. The CEO sets the real numbers from the actual expectancy of the business and the Trader's proven long-term performance, not from an example on a web page. If you treat an illustration as a benchmark, you have handed the Trader a demand the market never agreed to, which is exactly the role confusion this whole section exists to prevent.
The Two Roles
The Investor sets the limits. The Trader executes within them. One person, two distinct responsibilities, and what happens when you collapse them into one.
Coming soonTaxes for Traders
Trading as an individual versus operating as an entity. The tax implications are not the same, and the difference grows with your income.
Coming soon