Hi guys, usually I just lurk here and look at other people's posts, but I want to really get some opinions here.
As the title explains, I'm 17, currently in high school. In my freshman year I took a serious interest in the markets from my business class, and it got to the point where I started to paper trade stocks (this was 1.5 years ago). I got consistently profitable in swing trading (on paper), but then 6 months ago I discovered the magical thing that is the YM. I started paper trading the YM then, and ever since I've developed a strategy that has been pretty profitable (again, on paper). I only have time to trade from 2:30-4, but it's still a good window of time.
I am posting this because I am seriously considering starting to trade YM in the summer with my $2.5K I earned from work.
Yes, you might be thinking "Who the hell is this kid trying to handle the BIG mr market" but I do have a strategy, and YES I realize fully that CONTROLLING LOSSES is the most important thing a trader can do (I have a tight 10 pt stop loss)
Am I going over my head here? I believe my strategy can work, but I also realize it will be psychologically hard to start with real $.
Any advice/comments would be REALLY helpful from you guys
As the title explains, I'm 17, currently in high school. In my freshman year I took a serious interest in the markets from my business class, and it got to the point where I started to paper trade stocks (this was 1.5 years ago). I got consistently profitable in swing trading (on paper), but then 6 months ago I discovered the magical thing that is the YM. I started paper trading the YM then, and ever since I've developed a strategy that has been pretty profitable (again, on paper). I only have time to trade from 2:30-4, but it's still a good window of time.
I am posting this because I am seriously considering starting to trade YM in the summer with my $2.5K I earned from work.
Yes, you might be thinking "Who the hell is this kid trying to handle the BIG mr market" but I do have a strategy, and YES I realize fully that CONTROLLING LOSSES is the most important thing a trader can do (I have a tight 10 pt stop loss)
Am I going over my head here? I believe my strategy can work, but I also realize it will be psychologically hard to start with real $.
Any advice/comments would be REALLY helpful from you guys
