With $3,000 monthly expenses, trader needs $18,000-$36,000 minimum savings before attempting full-time trading.

of 3,000. This is what it costs you to live. You probably live in a shoe box or I don't know. Maybe you live in Asia and you live in a mansion for 3,000. But, let's say this is your monthly nut. Every month you have $3,000 that you need to pay expenses. I think you need at least six times that, but even better 12 times that to trade full-time. Okay? So, what's this? $18,000? So, you need at least 18 grand in savings or ideally 36,000.