I make it up as I go along.....LOL Hell (pun intended), if I really want to go crazy I might mention spread trading.... That would be bad; really bad!!!!
As for ET, it is a place of amusement for me and all that know better then to believe in God, Santa, the Easter bunny and all imaginary friends the children choose to put their blind faith into. But unfortunately logic, education and common sense are the enemy of the general population......
I don't blame them because life would be so much easier if I had imaginary friends to keep my mind occupied and the feeling of safety!
- First of all. - I don't want to hear all sorts of bs about me forgetting all about it and that I outht to get a 9-5 slave position. - I just want some good advices, without you bothering for my "safety". (I know the risk is high and the percentage of people with success is rather small) - So please don't start talking about the risks, pros and cons. I know them already.
To sum it up: if you don't have anything constructive to say, then just forget about this thread and move on. Thanks. I don't need any more Law of Jante, as I live in a country full of it.
But my question is rather simple, although the process of getting there might not be: How do I get a good understanding of trading?
The thing is, that there are 100's of books, thousands of youtube videos, forums and so on, regarding trading, but none of them seems like a good place to start, so to speak.
They all more or less require some sort of knowledge on the subject, which I don't have atm. Or else it's for total imbeciles.. Either people start out explaining on an expert level, or else they REALLY cut the cake for you by saying things like "The stock market is a place where.... blah blah". - Obvious things. It's like there are 2 sides to choose between: The ones that assume you're an expert already, and the others that assume that you're a downright idiot not being able to use a calculator.
So I was wondering if any of you briefly can tell me how you got started? - Are there any good A to Z books without much demeaning "You're total idiot" stuff in it, that I might want to read?
I know about demo accounts and all that, which I'm intending to use until I have a consistent profit on a monthly basis for at least 4 months. But thanks for your concern anyway.
Sorry for being so straight forward, but I'm just really tired of getting poured bucketloads of crap in my ears, when all I in fact want is a good start and the right tools/books/you name it.
Long story short: How do I get started without being treated as an idiot initially?
And if there's something you don't understand, then don't ask me unless you find it relevant for helping me. - I'm not a quiz.
1. Get a trading mentor. One that has preferably been doing it for 10+ years.
2.Follow what they say.
3. When you start making money, dont get all cocky that because you made $1,000 in the first 5 min of trading and now for the rest of the day you are going to "try some new shit".
4. Dont expect to quit your day job after you've been trading a month.
5. (This one probably should be #1 now that I think about it) Learn to control your emotions. I can tell by the language you wrote your post in that get easily irritated. You have to get that under control. The more emotional you are in trading...the more money you lose.
6. Ignore anyone's advice on this board that registered less than 5 years ago. (haters gonna hate me on that one)
Well i started to learn regarding the forex trading from the baby pips website which explains level by level, very much good for all the traders who are willing to learn the trading process.
