VISARIA making 100% with £500 is actually very difficult without losing it all
But your right what you say, I think I will give it another 5 years, I'm already putting £20 - £50 a week in.
Please, it's a waste of time, my friend. Ask friends and family to give you money. Or maybe a second job. You need minimum balance of £5k.
With respect, you live in the UK. Regardless of your education or CV you should be able to earn and put away much more.
I met an interesting person recently, who left school at 15 and has no professional experience. On paper this guy is unemployable unless taking a punt. But he's driven and over the last couple of years has built up a waste clearance and garden landscaping business. His income is now higher than the UK average. His success is due to his drive and work ethic.
I have a family and bills to pay
With respect, you live in the UK. Regardless of your education or CV you should be able to earn and put away much more.
I met an interesting person recently, who left school at 15 and has no professional experience. On paper this guy is unemployable unless taking a punt. But he's driven and over the last couple of years has built up a waste clearance and garden landscaping business. His income is now higher than the UK average. His success is due to his drive and work ethic.
@JTrades to @wwatson1's defense, the U.K. is so much more expensive than here. Also, they tend to get taxed an extortionate amount (having to support the NHS etc.) even though the services they get taxed for are not used by them.
Additionally, this 15 year old kid has nothing to lose as he will have a roof over his head. He also does not have other responsibilities, which come along with having a family and everything he makes, he pretty much can save (unless parents are charging him rent, food etc.).
If @wwatson1 was to perform with as much a drive outside of trading, I'm not sure how much energy he would have remaining for his trading, which as you know requires tons. His trading results would suffer at the expense of accumulating a start-up amount. Really a catch 22 situation
Please note, I am not trying to knock the 15 yr old here. In fact, I have much respect for kids with such maturity! Good on him. However, I think @wwatson1's situation is a little different.