Oh, I see. You're assuming I'm a noob. Thanks for the advice though.
Dream Big !
- Thread starter Jdesey
- Start date
Oh, I see. You're assuming I'm a noob. Thanks for the advice though.
Well, if you speak about 500:1... I come to that conclusion.
What's wrong with 500:1 leverage? Doesn't mean you have to use more than 1:1 if you choose to.
Inspirational stories are fantastic however many people write software but there are few that really made it huge Bill Gates Larry Ellison there a many more that made a decent living and many who failed just like any other endeavor. How many lawyers are in the US but how many are really well known ? I believe trading is like anything else you must be smart talented and have the fortitude to make it through the mistakes and hard times then possibly you can make a decent living or become great.
Nice stories. The stock/commodities markets are the biggest wealth creating devices on the planet.
$400 in 1969/1970 when Seykota & Dennis started trading is equivalent to $2,400 now.
$25,000 in 1972 when Baldwin started trading is equivalent to $146,371 now.
$30,000 in 1972 when Marcus started trading is equivalent to $175,645now.
These guys had seats on the Chicago exchange.
$400 in 1969/1970 when Seykota & Dennis started trading is equivalent to $2,400 now.
$25,000 in 1972 when Baldwin started trading is equivalent to $146,371 now.
$30,000 in 1972 when Marcus started trading is equivalent to $175,645now.
These guys had seats on the Chicago exchange.
Now now. Don't be a downer. This is supposed too be inspirational. There are way too many articles about how traders fail. I just want to point out that Some traders do succeed
It doesn't sound like (some), it sounds like a lot of traders succeed. And, they seem to be active posters in this forum.