Recent content by rexlord

Your assumptions suggest otherwise If you think you can just size up and go from making $250 to $25000 without having any psychological difficulties to deal with - you are either a beginner or you are already the richest trader on the planet. Same goes for your assumption that you can maintain...

I don't know any trader who didn't have at least one losing year. The first 1 to 5 years is typically a painful struggle either losing money or breaking even. A lot of people on Twitter claim to be turning $5k account into millions but personally I've never seen proof of this. Sure, there are...

$1300 account... Not to sound disrespectful but this tread is a joke So you made $250 dollars in a month and out of that you have to pay income tax, pay for the electricity you used and your internet connection and your trading platform. So in reality you didn't make any money. You are breaking...

what are you trading to get nearly 100% win rate and 20% per month return? highly highly unlikely that this will happen two or more months in a row. unless, of course, you are doing some sort of insider trading

As somebody mentioned above - being that you are a risk-taker, you should consider starting your own business doing something related to your formal education and work experience. In addition to that, continue trading. Arrange your work schedule in a way which will allow you to trade the FX...

This is an interesting post. "you just need to get lucky a few times" sounds good in theory... But if you understand randomness, you can calculate the probability of hitting a very profitable "lucky" trade - the chance is pretty low. It is highly highly likely that you will go through a lengthy...

Guys, you are borrowing money the wrong way. I posted this in the "Took out a loan to transition to full-time trading. 24 years old." thread also. If you have a decent credit score, you can borrow cash money for 2% flat fee per year in the United States.

I had an account with SureTrader in 2014-2015 Recently closed the account because it does seem like the company is walking a very fine line Did you do any reading on efficient market theory and randomness? And what type of trading are you planning on doing?

In the United States you can get cash from your credit card (it's called balance transfer into your checking account) at 2% fee with 0% APR. And then, when your 0% APR expires, you simply transfer the balance owed to another credit card at another 2% fee. I am not sure if this was mentioned...