How do I make money ?!

[met1989]

T

https://www.elitetrader.com/et/threads/how-do-i-make-money.321592/
https://www.elitetrader.com/et/threads/how-did-thus-loss-happen.321143/
etc etc.

There is, I think, great wisdom in having a Ready! Fire! Aim! approach to life -- the same sort of thing that observes,
"Don't let the Perfect become the enemy of the Pretty Good."

But the first term there, is "Ready" -- and you ain't. Not by a long shot. NO offense intended, but you've asked about brokers/funding, about the impact of exercised options, and here, about the ramifications of a near-the-money call, two weeks from expiration, and hell -- it's paper, too.

IF YOU PUT REAL MONEY INTO THIS, it will be gone in a whisper. Not even a ripple to mark it's passing. Not even Internet crickets to mark the time....

GONE.

Take the next bunch-of-months, CONTINUE to paper-trade!!!
Your big lesson will be in the kinds of questions you come up with later that don't even occur to you now. TRUST THIS.

Thank you for the reply but I feel that when will be the right time to make my feet wet ?! It’s always learning and learning at some point u need to practice it in real I can’t paper trade till 70 hahah I see this as the same thing when I started my real estate buisness I bought small dump of an apartment with thinking that I know everything the best I bearly made threw the first year but with bits and bats I managed and I learnt a lot along the way so at what point u say let’s go ?

 

[Handle123]

why do u think im not ready?

You are here asking that question, an experienced trader already knows the answers before the question. We see hundreds of people each year having money itching in their pockets, to trade it quickly and yet they have no or limited answers.

Reread @tommcginnis post again.

 

[qxr1011]

you for the reply but I feel that when will be the right time to make my feet wet ?!

The one is ready when he has answers to all questions. These are not necessary correct answers but it one's mind they are.

 

[cabanos]

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