am i ready?!

Sole reason I despise paper accounts. THEY ARE NOT REAL

It’s better to lose money and learn, then have some imaginary percentage gain you never get or lose..

This is what I tell everyone. Trade on option. Sell one put or call or a strangle. Then do two. Then when you shit yourself go back to one till you get comfortable.

Last lesson you ever need to learn is when you get greedy and get comfortable. That’s when you get bit. Always stick to your plan no matter what. Under any circumstance. Great way to lose sleep and hair is not sticking to your plan and even your plan will have you ripping hair from time to time.
yep i agree trade small like i am doing in forex...lunch money... 5usd 10usd.

Do not focus on money...focus on learning and playing the game well; it is the greatest, most satisfying game in the world, because you are surviving against a monster known, as the market.

And, make no mistake, it is a game where only the fittest survive
 
I think to run with the best, you have to prove to oneself you are more than ready to compete. Would you agree than most who enter our field of work are seldom ready? I enjoy reading about other people's success's in life and how they did it, many who started in day trading first were doing higher percentages before they went live.

Many start with so little funds and they get scared cause lack of knowledge they over trade, lack of patience as well, so their fees add up each day, just to recover the fees by end of a year if they last that long will be up to 100%.
you said it 'they get scared because of lack of knowledge' or more correctly, lack of understanding:
If you meet somebody,who is holding a knife in this hand,and talking in Chinese a language you do not understand, you are going to be terrified.
He may be just asking if the knife is yours or if you want to buy it !!!
 
Trading is like cooking- you have to learn all the ingredients but even after that you do not make tasty dishes.
It is practicing and practicing to get the proportion of ingredients correct.
It took me 4 years to learn and i had to throw, what i cooked. in the dist bin scores of times
 
Sole reason I despise paper accounts. THEY ARE NOT REAL

It’s better to lose money and learn, then have some imaginary percentage gain you never get or lose..

This is what I tell everyone. Trade on option. Sell one put or call or a strangle. Then do two. Then when you shit yourself go back to one till you get comfortable.

Last lesson you ever need to learn is when you get greedy and get comfortable. That’s when you get bit. Always stick to your plan no matter what. Under any circumstance. Great way to lose sleep and hair is not sticking to your plan and even your plan will have you ripping hair from time to time.
Paper does not lie. Wannabe traders do. Mostly to themselves. If one needs a market to tell him the truth, then he is in a wrong business anyway.
 
Paper does not lie. Wannabe traders do. Mostly to themselves. If one needs a market to tell him the truth, then he is in a wrong business anyway.
Most business do not succeed same as traders we just have to try are best
 
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