You're way, way better off finding a small outfit of motivated people to join if you want to work in this field.
Success rate for newly formed hedge funds is probably something like 50% over a 5 year horizon. For solo traders, it's probably closer to 1%.
There is WAY too much stuff you need to be on top of, if you want to be successful, than a single person can manage. It's about as feasible as starting a one man (coal) mining operation, where you must dig the tunnel, extract the coal, process it, sell it, manage the business operation and retain your sanity. You need at least a handful of people to be effective, all with different specialties.
...not to mention that if you're successful as a solo trader, you could be making 10x more with proper financial backing. If your strategy is returning 25% annually on a personal 1 mil investment, there's a good chance it'll still be returning >20% on a 10 mil investment (once you get to 100 mil or into the billions, your returns start to diminish due to market impact). Find a good backer, they'll literally give you money and a support team for a piece of the profit.
Success rate for newly formed hedge funds is probably something like 50% over a 5 year horizon. For solo traders, it's probably closer to 1%.
There is WAY too much stuff you need to be on top of, if you want to be successful, than a single person can manage. It's about as feasible as starting a one man (coal) mining operation, where you must dig the tunnel, extract the coal, process it, sell it, manage the business operation and retain your sanity. You need at least a handful of people to be effective, all with different specialties.
...not to mention that if you're successful as a solo trader, you could be making 10x more with proper financial backing. If your strategy is returning 25% annually on a personal 1 mil investment, there's a good chance it'll still be returning >20% on a 10 mil investment (once you get to 100 mil or into the billions, your returns start to diminish due to market impact). Find a good backer, they'll literally give you money and a support team for a piece of the profit.