Full-time trading
Yes, yes, that's right, the limit of a trader's dreams. A lot of snot, TS, lost depo, time period of stable profitable trading. Anyway, my boss told me to fuck off, I'm a free bird now. How to approach this correctly so as not to screw up and go back to slavery. Shekels, yes, they solve everything, the more of them, the better the condition of your nerve cells. At a time when you have already achieved some stability, immediately think about the future. About the pillow, just not orthopedic, because if you have an amount equal to at least a year's salary, you can sleep peacefully even on the rocks. Deposit, say, with 500-1000 dollars you can pick up sedatives and make an appointment with a therapist. Don't even think about working full-time with that amount. This is pure enthusiasm, and you are likely a descendant of kamikaze ideologues. It has been established by experience that a deposit of $10,000 is exactly the amount that allows you to have a quiet cup of coffee in the morning before trading, rather than frantically clicking and checking positions. Now in my head all calculated: so, the annual salary + deposit is about $20k, can not be. Well, then I suggest that you put away the rose-colored glasses and look at the real world of trading: what did you come here for? Your 5/2 job is good for drying bread, just like living on a washing machine loan and paying the mortgage to death. Dry off, move on with your life. Now for the reality. Trading is real hell, and the fact that you've started to understand something here is already cool. But it's just the beginning of the journey. Your success in trading is not a system, alas, again a personal view of it all: We bring a bunch of people together, give them a system and support for everything, in some places even change their crying T-shirts, because we act not only as a kind of consultant, but as someone you can trust with your thoughts on life in general. How many people do you think can assimilate the information they already have? Not many. Literally 2%, the rest don't care because there are more important things to do than the path of their future life, well, or they think they are smarter than everyone else (funny).
Already went the dropout, at this stage, at the simplest level, it can be called a pattern correction, because in fact, this is a training pattern for future trading. "If there are conditions that do not contradict this and that, then the deal is concluded" - this is the approximate scheme of actions. And this is the only step that several people go through. It increases the chances of success, but then your cuckoo goes on, if by that point things haven't gotten very far.
Then you have to negotiate, you are trapped, your system can give you a profit that will blow your mind, and believe me, this thing is much scarier than losing your deposit. Basically, train mm and rm, don't look up into the clouds with the idea of scratching the heels of Zeus. The first is to save, earning is secondary. So, back to our $20k, is that figure that scary? It's not that scary. Do you have a deposit of $100? Well, in 2-3 years of systematic work you can earn a safety cushion with your knowledge and compound interest. I won't spell it out, I'll just say that it's quite realistic. How long? Wait 2-3 years? Cheshy on the bus, which will take you to your favorite job, there in 15-25 years you will retire, just a little bit to wait. So, time has passed, you work on yourself, on your approach, you don't care about the deals, one of your deals brings in at least half your salary a month and you can live. What to do? Something has to be done, from constantly sitting at charts you are a natural fart, well, or you are a fanatic like me, although I am a little tired after years of piling up daily charts, so I limit myself a little. Make time, download a game, read a book, go to the gym or the pool, you need variety. But this is where the adaptation of your system and a keen sense of the market comes into play. For example, looking at charts every 4 hours or something like that. For example, I might look at the charts and give up for the next few hours, thank God the move has already started, so I'm late to the carnival. But at the same time, I know that 80% of the time, if I sit at the charts for 2 hours, it will be my trading situation.
Full-time work is not a magic pill that solves your problems, it is only one of the intermediate stages in your future, and one of the first, where your boss does not decide for you, and the accounting department does not deduct into the pension fund. Therefore, the future of his old age you have to think for yourself, if you have $ 10k in the account, and you have signed a contract with the cuckoo, the 50-100k $ is not far off. And there you can already think where to move further. Stocks, yes, my opinion, if you have shekels (100k$), you can move there, but if you couldn't in BO or Forex, and you move there - just accept the fact that you are a sucker. The charts are the same everywhere, so your IQ will stay at the same level, switching from EURUSD to MSFT won't affect it in any way. So in stocks it's more complicated(no). There we look at long-term and stable tickers, the only advice is to add dividend assets to your portfolio, so you can sleep better. Also look at possible movements in your system. Take a couple of % and be happy, because it's your pension, the stock gave +5% in a week, everything is cool. There are other options, where to invest shekels for the long term, maybe you will get bored, you will remember your long-time dream and try your hand in business, also an option. And you can take apartments in bulk, and you will have a passive rent, you can hire an Indian, who will solve all your apartment problems, while you're catching a squirrel in the Siberian forest. When you have shekels, you will find a use for them, don't doubt it.
Thank you all for reading, your FaD!
