Quote from MBfromLA:
Only roughly 3% make it in this business in the long run. To be successful you need a decent capital about 20K and a good MENTOR.
I blew out many times, lost the count of how much i lost in the markets total,,should be about 50k if not more before i started making money consistently, about 500$ a day in average.
But if you lost interest, good luck finding an alternate job, you can't trade just because u can't find a job, I trade because i love it , i'm proud of what i'm doing, i enjoy trading. If u don't like what ur doing find something else.
You should have a good discipline, non smoker has a better chance, calm individual, instant decision maker, non drinker not a gambler...it's not easy...trading took all my emotions away, i don't laugh at jokes etc.....anyhow...
Good luck.