When I started (day) trading, I would detail every single trade on a piece of paper and include hand-drawn charts, all the analysis, conclusions, opinions, estimates, entry, stop, exit, final P/L etc etc...
If the trade returned <0% (lost), I would go through all the stats, facts, find all the different areas where I was the furthest off track with my predictions/analysis/lack of discipline/mistakes etc, circle them red, detail them, describe them, suggested how to improve them, and then stick a copy on my office wall, fridge, toilet.
I'd make a list of my most common mistakes and their ranking, (like 1. Exited too early (fear), 2. Stop Loss too large, 3. Used 'hope' etc and so on and so on. This list would be updated weekly and stuck next to my monitor. I'd look at it every time before I'd place a trade.
I'd do all the same with my successful trades and figure out WHAT it is that I did right...
I believe that ANYBODY who trades like this, with real shares (1-100 or whatever share lots) on a broker like IB (which will charge you a mere $1 for a 100-share trade), can learn trading sucessfully within 6 months. Provided you follow this hard path and do plenty of study (books) on the side.
This sounds silly, folks, but this is true due diligence and discipline. My friends laughed at me and thought I was boring, now I make more money then all of them, and my car & lifestyle ain't boring at all.
If you want to find an easy way to make lots of money - Why don't you try studying medicine, law etc?
There's no indicators or systems to buy, there's no shortcut. There's no easy way. Get in deep or get out, age don't matter.
Have Fun.
~Scientist
Thanks for the comment mate.