Disliked{quote} just an suggestion..if you want to trade live with $100 real money...try to trade demo with $100,,see the result in month.. because if you are usulally trade 100k demo then now 100$ live money..there will gap in mindset about trading lot size and money management, in time will affect with ur psychology.. cmiiwIgnored
I needed to get the big $100k+ numbers into my head from using demo to trick my psychology in thinking it's all just a game, and stop being affected when I see the big numbers. I need to keep thinking this way with live trading. When I take it serious, I start feeling greed, then fear, which affects my mental clarity negatively. For me, thinking "it doesn't matter, it's all just a game" allows me the freedom to think clearly and make better decisions. I have already traded up to $6,000 live with max leverage, and lost $4,000 in one day. That's almost a whole month of gross income, or about 6 weeks of net profit from my self employment gone. And at least half of my net profit gets used up for living expenses. So, that's more like at least 3 months of net savings gone in one day. So, it's hard to get over that. LoL
Trading plays tricks on your mind. It's a tricky business, taking what you didn't earn. Others have to lose for you to win. It's really not a good business. I don't think God is proud of me trying to take money that's wasn't mine to begin with or earned by producing real life value. But it's an addiction that doesn't let me go. Oh, the potential of scaling up from compound gains... If only I can get good enough at it, then I will never have to work again... LoL
But trading is work too... Only, it can be scaled up to much bigger gains unlike real life work, for much less effort than running a big multi million dollar business like my oldest brother is doing.
You cannot fail if you never give up.
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