I walked away from trading with nothing after more than five years.

The biggest risk for independent full-time traders is the opportunity cost, namely the loss of potential gains from other alternative efforts (going to schools, working in a regular job etc.).
 
Sounds like a suicide note, o_O

Joking aside,
you have to structure your trading game and mindset and loose overall strategy akin to war....and Winning the war.
If you walk into the Market Casino with a gambling mindset and no real, true trading arsenal in your head and mind and spirit...you will definitely lose.

Trading is kind of incredibly complex to explain and grasp...without really giving anything away.
You need a dynamic variable, rubberband mind...with conviction of a pillar column that's not cemented or rocked yet.

You don't need many millions in your trading account to generate $40K a year.
If you need that much money to generate 40K a year...you're a rather horrible and/or a very conservative trader.

After reading one too many sad stories like yours...I have decided to create my own Trading Academy website to help and welcome in all the lost wandering desert Moses souls out there.
I will launch it in the second half of this year. All ET members have free membership in exchange for positive testimonials and a photo of your face.

Make Trading Reborn Again 2018...High-Five` :cool: Learn to open your eyes to See the Divine Trader Light
I want all of you to become Rising Star traders. Sweet and Sour Bobby, Vanz, Pekelo, expiated, SimpleLikeMe, Johnny Rock, Rin4et and Karen the SuperTrader could use my collective wisdom.

I average XX% returns every business trading day. How many people can claim that.
Most would kill for just 00.60%
What were your returns again? XX?
 
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4. In relation to the above; women actually prefer regular men with work-stained clothes over screen addicts with big bank balances. It's in their nature.

All depends on where they are within their menstrual cycle. For the majority of time, women want the security and benefits that come with Mr. Sensible and his average looks. But, for a few days, normally around ovulation time, women want to bang like a barn door with Mr. Muscle and his rugged looks. It's a scientific fact buddy.
 
The biggest risk for independent full-time traders is the opportunity cost, namely the loss of potential gains from other alternative efforts (going to schools, working in a regular job etc.).

Everything you do in live has an opportunity cost. Each decision you make has some risk, and that risk can cost money.
Only in hindsight you can see for every decision you made if it was good or not. Then, and only then, you will know how big the opportunity cost was.
If you are afraid then don't do anything in life, as everything has an "opportunity cost" risk. Ironically enough doing nothing will cause the biggest "opportunity cost" you can encouter ever in your life.

Watching in hindsight the decision to become a trader was an excellent one for me, although it took years before that was clear. I had a "temporary opportunity cost" till the day I was permanent profitable.

If you go for a new job and lose it again you have also an opportunity cost.
Same thing if you marry; divorced people can tell you how expensive that can be.
Same thing for buying a house; look at the thousands of foreclosure a few years ago.
 
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Especially if the woman is a Libra. Then it isn't just variation, but insanity. (Trust me, I know.)

And here I thought Libra were into balance? But one things for sure, it takes two to tango and you two were probably dancing to a different tune?
 
And here I thought Libra were into balance?


"Scales of justice", I think ... maybe means they're judgmental or something (or some other kind of "mental", as I suspect Overnight may have decided)?
confused-smiley-013.gif
 
"Scales of justice", I think ... maybe means they're judgmental or something (or some other kind of "mental", as I suspect Overnight may have decided)?
confused-smiley-013.gif

The scale tends to represent balance, as a people we are all judgmental, we just choose to define our own levels. But for a solid relationship to work, its all about Balance and trust.
 
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