do you ever go to school?
just moved in, wanted to get used to many things for a short while.
not to mention, i have many activities outside of the house..
next year im going to school....
Have I got something on my face, SOLDIER?
- #542,161
- Sep 22, 2011 6:24am Sep 22, 2011 6:24am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
just moved in, wanted to get used to many things for a short while.
not to mention, i have many activities outside of the house..
next year im going to school....
- #542,163
- Sep 22, 2011 6:26am Sep 22, 2011 6:26am
im homeschooled this year my friend,
just moved in, wanted to get used to many things for a short while.
not to mention, i have many activities outside of the house..
next year im going to school....
- #542,164
- Sep 22, 2011 6:27am Sep 22, 2011 6:27am
- | Joined Jul 2011 | Status: Jesus is the way. | 1,450 Posts
100 pips is easy to acquire 30 pips on 3 trades is enough to get you there just closed a long trade on gbpchf for 200 pips
i remember when I first started that I couldnt make 10 pips a day for the first 2 years.
Don't just beat the markets, leave bruises.
- #542,165
- Sep 22, 2011 6:27am Sep 22, 2011 6:27am
- | Joined Nov 2010 | Status: Trader | 1,223 Posts
Since I'm not trading much today, I would like to give you my general outlook and ideas:
I've been trading for 1 year and 2 months now. I blew like 40 - 50 accounts since the beginning - no kidding. I spent last 14 months sitting behind my PC and trading, studying charts, patterns indicators for average 10 - 12 hours a day. I learned this:
It doesn't really matter how much money I start with.
Even if I start with 1 dollar and I manage to double my account every week - within 20 weeks I can be a millionaire:
1. 1$
2. 2$
3. 8$
4. 16$
5. 32$
6. 64$
7. 128$
8. 256$
9. 512$
10. 1 024$
11. 2 048$
12. 4 096$
13. 8 192$
14. 16 384$
15. 32 768$
16. 65 536$
17. 131 072$
18. 262 144$
19. 524 288$
20. 1 048 576$
(sorry - i missed 4$ amount
)
Many months I was struggling on week 10. Even if I blew it all away and started from scratch, I went to number 10. within few weeks. After dozen of failures and successes, I managed to get through. Now I'm between number 15 - 16. This is first time i got so far consistently. I didn't start with 1$ though, it was always at least 50, 100 or 250.
Anyways. What I realised is that 50k was my next psychological barrier. It was 2 months ago. So I started reading books about psychological health, and the book that seriously helped me get through is the one I attach in this post.
In conclusion: Your biggest asset in trading is your mental health and psychologic discipline. Hope you find this book useful:
I've been trading for 1 year and 2 months now. I blew like 40 - 50 accounts since the beginning - no kidding. I spent last 14 months sitting behind my PC and trading, studying charts, patterns indicators for average 10 - 12 hours a day. I learned this:
It doesn't really matter how much money I start with.
Even if I start with 1 dollar and I manage to double my account every week - within 20 weeks I can be a millionaire:
1. 1$
2. 2$
3. 8$
4. 16$
5. 32$
6. 64$
7. 128$
8. 256$
9. 512$
10. 1 024$
11. 2 048$
12. 4 096$
13. 8 192$
14. 16 384$
15. 32 768$
16. 65 536$
17. 131 072$
18. 262 144$
19. 524 288$
20. 1 048 576$
(sorry - i missed 4$ amount
)Many months I was struggling on week 10. Even if I blew it all away and started from scratch, I went to number 10. within few weeks. After dozen of failures and successes, I managed to get through. Now I'm between number 15 - 16. This is first time i got so far consistently. I didn't start with 1$ though, it was always at least 50, 100 or 250
.Anyways. What I realised is that 50k was my next psychological barrier. It was 2 months ago. So I started reading books about psychological health, and the book that seriously helped me get through is the one I attach in this post.
In conclusion: Your biggest asset in trading is your mental health and psychologic discipline. Hope you find this book useful:
- #542,167
- Sep 22, 2011 6:28am Sep 22, 2011 6:28am
- | Membership Revoked | Joined Oct 2010 | 2,745 Posts
- #542,170
- Sep 22, 2011 6:32am Sep 22, 2011 6:32am
- | Membership Revoked | Joined Aug 2011 | 2,325 Posts
"The Heart is the hub of all dances; go there and chill out"
- #542,172
- Sep 22, 2011 6:34am Sep 22, 2011 6:34am
Since I'm not trading much today, I would like to give you my general outlook and ideas:
I've been trading for 1 year and 2 months now. I spent last 14 months sitting behind my PC I blew like 40 - 50 accounts since the beginning - no kidding. and trading, studying charts, patterns indicators for average 10 - 12 hours a day. I learned this:
[/b]. Hope you find this book useful:
Now tell me, you aint trying to double your account every week with 50 K right ?
By the way, thanks for the book, I might read it later
- #542,173
- Sep 22, 2011 6:34am Sep 22, 2011 6:34am
- | Membership Revoked | Joined Oct 2010 | 2,745 Posts
- #542,177
- Sep 22, 2011 6:37am Sep 22, 2011 6:37am
- | Membership Revoked | Joined Aug 2011 | 2,325 Posts
"The Heart is the hub of all dances; go there and chill out"
- #542,179
- Sep 22, 2011 6:39am Sep 22, 2011 6:39am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Have I got something on my face, SOLDIER?