Well, I studied till complex numbers, differential equations etc.
I'm 21 years old, couldn't enter University, planning to trade full-time.
- Thread starter zenon12
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Well, I studied till complex numbers, differential equations etc.
There's a big difference between investing versus trading. You keep loosely using both terms as if they are the same.
Simply, you want to be an investor or a trader ?
Thus, if you want to be an investor...you need to learn not to use terms like trader and trading. Just the same, if you want to be a trader...you need to learn not to use terms like investor and investing.
That's more than sufficient for trading. I got my timing strategy using only algebra, didn't need to even look at calculus (differential only) until I got deep into optimal position sizing.
Best of luck with your trading studies and future success.
I plan to be a mix of both.
IMHO that's a BIG mistake. Either you are are a trader or an investor. Two completely different mind frames.
Usually traders who swing trade and are caught in a bad position become long term investors....only because the position is so far against them that it will take a long time for it to come back to them.
@EPrado Do you Swing trade or shorter term trader?
This isn't that hard to understand, or at least it shouldn't be. If you talk about your record and your 20+ years as a successful trader, you shouldn't be that surprised that somebody asked for proof.
Let me be clear for the second time, I'm NOT asking, I don't care. I simply said, is it really that hard to believe someone else did? I've barely been here at all and I've seen several posts where you and others reference your trading success.
If you talk about it, people will ask for proof. If you don't, they won't. Not exactly rocket science...
True.
Yet, I've also seen many members here that do not speak a single word about their profit level nor using words like "successful", "I figured it out" or whatever and they are still asked for proof because they talk about the markets as if they are very knowledgeable.
Heck, I've even seen people here asked for proof just because they have a difference of opinion about a trading topic that didn't even involve any profit level discussion and nobody implied/stated if they were profitable or not profitable.
Simply, folks will ask for proof just because there's a difference of opinion. Its their attempt to dismiss the opinion that's different from their own opinion. Heck, I once saw guys down in the feedback arguing about religion debate that had taken place in the "Chit Chat" section.
Guess what, one of them then demanded the other prove he was actually a trader and wanted to see "audited trading records".
So yeah, its not hard to believe why others will demand proof and you'll see such the longer you're here. Most here at this forum are anonymous and that's probably the best way to view why folks react or behave the way they do.
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That is good. However, I still would like you to consider going to university, if you don't mind. University is a part of life to be enjoyed. You will find new friends. Learn new things that will help you put two and two together later on, and will help in your trading as well. Ofcourse, you can trade at the same time you are in university.
You can get a better job after graduating from a university. If you like sales and you like trading, you can work in a bank in the Sales and Trading department. Saving for money wouldn't be as hard, and you can still go out with friends to have that $60 steak, and drink the night away.
I know not being able to get into university is a big hit, but that is what life is about...getting hit hard and get back up, and keep going like nothing happened.
University isn't for everyone, the first years are more about socializing the rate of learning is slow. I thought it's a waste since most there weren't seriously interested in the subjects.
This is also a time when your brain is most malleable and wasting it is a shame. In case you're not much of a autodidact then yes, uni is for you. Mind you that once you graduate, you're already shaped by the experience and don't have the fresh mindset when approaching trading.
This is also a time when your brain is most malleable and wasting it is a shame. In case you're not much of a autodidact then yes, uni is for you. Mind you that once you graduate, you're already shaped by the experience and don't have the fresh mindset when approaching trading.