How to know if you can make a living by trading（Personal level）

[Randalli]

1 Your thoughts are unique, you firmly believe in your thoughts, people around you cannot understand your thoughts, and even think you are a different kind

2 You are alone

3 You don’t need to communicate with others in terms of transactions, and you don’t want to communicate.

4 Your success cannot be taught to others

5 No matter if the market goes down or up, your heart is calm

 

[Robert Morse]

Like any other business, you have to develop a process that works consistently and have adequate capital. You will not know until you do it.

 

[Randalli]

与任何其他业务一样，您必须开发一个持续运作并拥有充足资金的流程。直到你做到了，你才会知道。

Your level is too low, you don't understand what I'm talking about

 

[Robert Morse]

My "level" is based on 40 years in the business of which I made a good living trading for 25 years with no losing years and very few losing months. Maybe your question needs to be more specific.

Your level is too low, you don't understand what I'm talking about

 

[Randalli]

我的“级别”是基于 40 年的业务，我在 25 年的交易中过上了良好的生活，没有亏损年，亏损月很少。也许你的问题需要更具体。

No offense, no arguing.
Experience is valuable for other jobs, but little value for transactions. Comprehension is the most important thing.
For example: Many people cannot make money after trading for a lifetime, and a small number of people can make a living from trading in just a few months
I don’t want to comment on your performance, because it’s too good, and novices will believe it.

 

[fan27]

1 Your thoughts are unique, you firmly believe in your thoughts, people around you cannot understand your thoughts, and even think you are a different kind

2 You are alone

3 You don’t need to communicate with others in terms of transactions, and you don’t want to communicate.

4 Your success cannot be taught to others

5 No matter if the market goes down or up, your heart is calm

Do you have an edge?
Will you know when your edge is know longer working?
Can you find new edges?
Do you have enough trading capital and money for living expenses?
Can you follow a trading plan?

These are the things that matter. The items you mentioned are irrelevant if you don't have the items listed above in place.

 

[Randalli]

你有优势吗？
你会知道你的优势什么时候知道更有效吗？
你能找到新的边缘吗？
您有足够的交易资金和资金来支付生活费用吗？
你能遵循交易计划吗？

这些才是重要的。如果您没有上面列出的项目，则您提到的项目无关紧要。

What you are talking about is too low level. This level cannot be traded for a living. To understand what I’m talking about, you need a higher level.

 

[GotherL]

1 Your thoughts are unique, you firmly believe in your thoughts, people around you cannot understand your thoughts, and even think you are a different kind

2 You are alone


4 Your success cannot be taught to others

It's difficult to teach success to others since a ton of it comes from intuition of the market or intuition with the trade your about to get in.

Also, the mental aspect of trading like discipline, patience etc. You will find it easier to teach a dog not to wag it's tail.

 

[hilmy83]

It's difficult to teach success to others since a ton of what you learn comes from your own intuition of the market or the trade your about to get in.

what you're talking about is too low level. you need higher level to understand what randalli is talking about.

 

[Vtechno]

I'm not Diablo 2 hardcore campaign level 99 Sorceress, maybe level 10, but your point #5 doesn't matter.

I think what you're getting at is good trading is boring. Things can be boring but your heart rate can still be up. Car racing, flying or other similar high risk/involvement activities become somewhat 'boring' over time due to repetitiveness but the heart rate is still up due to the nature of task.