Forums - View Single Post - Eye Surgeon Lost 15k USD in Options Trading
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Old 08-09-2011, 07:29 PM
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Originally Posted by Hermit View Post
15k loss is peanuts for him.

He has a day job as a doctor, no way he is going to be a good trader. But doctors generally make good money from their properties because they buy and hold for a long time.
Ya man. An eye surgeon prob earns $50k to $100k per month, and the best ones will earn $5 to $10 m per year. So even assuming he's in the first category, $15k is only 15 to 30% of his monthly pay or $300 to $750 for the median Singaporean earning about $2500 per month.

Not significant at all !
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