I was discussing the topic and wanted to post my thoughts on making money as a trader. Many people have the idea that they are almost there, just missing one piece and then they will be able to quit their job and buy a mansion and yachts and expensive cars. Well, you may be almost there. And maybe not.
Over the next few posts as time permits, I am going to tell you how I became a profitable trader. Some of it's ugly, terrible disappointments, humbling experiences, horrible crashes that many do not walk away from. You really have to have a burning desire and a try and try again attitude to bounce back after you have blown yet another trading account and have to start over, Ouch!
I am also going to go over what I think is the mindset you need as a trader, to be able to take money from the beast that wants to devour any trading capital you feed it.
Edit - Feb. 25, 2018 - I noticed many posters in here not posting or talking trading. Any posts that are meant to criticize or mock others who are doing something that they cannot do, or just general discussion of religion or political views, I will be marking with a dislike to clean this thread up. This thread is meant for trading discussion only, whether live or demo. I did this rather fast so if your post was disliked, it is not personal but to get thread back on topic which is making AND KEEPING money as a trader.
Over the next few posts as time permits, I am going to tell you how I became a profitable trader. Some of it's ugly, terrible disappointments, humbling experiences, horrible crashes that many do not walk away from. You really have to have a burning desire and a try and try again attitude to bounce back after you have blown yet another trading account and have to start over, Ouch!
I am also going to go over what I think is the mindset you need as a trader, to be able to take money from the beast that wants to devour any trading capital you feed it.
Edit - Feb. 25, 2018 - I noticed many posters in here not posting or talking trading. Any posts that are meant to criticize or mock others who are doing something that they cannot do, or just general discussion of religion or political views, I will be marking with a dislike to clean this thread up. This thread is meant for trading discussion only, whether live or demo. I did this rather fast so if your post was disliked, it is not personal but to get thread back on topic which is making AND KEEPING money as a trader.
Ecclesiastes 1:9