"A trader needs experience, and they need to pay for it."
- Thread starter kmiklas
- Start date
here is the reason , she will help u understand.Emotions
A lot of screen watching traders trade their emotions , these impair their judgements and rational trading and this is where it goes wrong for most traders
Trading with emotional intelligence than emotionless
Even before you take your first trade, it is mega expensive, you need decent PC/laptop with enough screen, reliable Internet, money to fund account and not this month's rent and so many hours of screen time-at min wage you could have bought half a house. Think about it, half a house is no small thing to be throwing away with small hopes of becoming profitable day trading.
trading is not for practical people
same applies to mountaineering, solo yachting around the wold, firefighters, soldiers, etc etc
practical people earn salary at normal jobs, buying houses, paying mortgage for them.. etc etc
those who say after the loosing trade: "here goes my car payment" - should never be trading
newbie surely is paying for education, the problem is - he does not know how much will it take , in terms of time , money, and talent.. lacking any of those and he will never get there...
the belief in himself - the only thing he can rely on
this belief is not practical , is not reasonable, is not justifiable, is not normal, is not understandable, is not learn-able
one either have it or not...
having it doe snot guarantee the success it will only guarantee that one will continue
...they say you need 10,000 hours to be an Expert 
at anything,
Paying your dues -- is paying, your dues.
But some people pay their proverbial dues...and they're still not an expert;
You have to be smart and attentive to what's happening around you.
at anything,Paying your dues -- is paying, your dues.
But some people pay their proverbial dues...and they're still not an expert;
You have to be smart and attentive to what's happening around you.
..they say you need 10,000 hours to be an Expert
I have read about different numbers: around 30,000 tries (read trades in our case)
and this for something where knowledge is transferable
in trading, where knowledge is not transferable, the number maybe it may way larger....
Actually, you don't have to lose a lot of money. It does however seem that most people need to lose quite a bit first in order to get the wake-up call that they don't know yet what they're doing.
The key is proper preparation however long that takes. For most people that's years...
The key is proper preparation however long that takes. For most people that's years...