Just sold my business for $250k

Quote from Rob Johnson:
Can I make a living trading or should I buy another business. I have very little trading exp. serious replies only please, I need to know which direction I should go
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For a start, you can trade with some tiny TOKEN money to get the feel whether trading is profitable and a life that you would enjoy.

Then, if you are serious to make a living out of trading, try to get a consistent and highly profitable trader as your mentor. Do not follow the foot path of most traders by inventing a trading methodology.
 
Quote from mr double:

i have a holy grale system ,selling it for 10,000$,it's not fool proof,but you can double your moneys
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10,000 - hahahahaha
:p

holy grail - hahahahaha
:p
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Dude, i have 5 holy grails and i would only sell 2 of them, for at least 10,000,000 USD.

Cause my stuff is really working 100%, man.
And its worth far more than that money.

LOL
:p
 
Everytime I see 'holy grail' mentioned in a trading conversation I picture Monty Python's Knights clacking coconuts together, pretending like they're on horses.

There are some metaphors in there somewhere.
 
Quote from lwlee:

What's with all these new posters coming into lots a money and needing advice?...
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Most of them are the same loser, desperate for attention.
 
I'd definitely find another alternative if I were you. Trading takes a lot of time, patience and risk capital. Many of my friends who are new to trading, come into the game thinking they can make a nice living trading markets, when in reality they lose the capital they start with within the first month. Yes trade but diversify and also look into other alternatives to make a living. I'd also look into managed account with an experience CTA. You might find some luck there. Other than that, good luck and I hope you find your way :)
 
I coach traders. Having said that for a typical person embarking on making a living trading is not a great idea.

Trading is lots harder than most newcomers realize.

There is lot of good advice on this board. I do not want to completely discourage you. After all all good traders were once newcomers.

If you still want to trade, consider evaluating your psyche and make sure it has trading success attributes.
 
Quote from Aok:

Rob, can you become a competent dentist in 6 months?

6 years is probably more reasonable. After college that is.

Stick with what you know. Anyone who has built/owned/run/sold multiple businesses knows its a minimum 10+ hrs day at least 6 days a week to accomplish such a thing.

Expect no less commitment in becoming a profitable trader.

Anyone who tells you otherwise is: lying, an ignoramus, or trying to sell you something.

Good health to you and your family.
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+1
 
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