There are always new people starting to trade, and many including myself like to hear other opinions on what people did to make a living trading and why.
Myself I quit a decent paying salary job ( that I despised after 3 years), sold my Subaru wrx, got rid of debts, etc, all to make sure i could live off of a part time evening job while I took a position with a prop trade firm.
Now I am in the transition period from enduring a steep learning curve to starting to become more consistant and profitable. The market seriously handed me my ass every other day for forty trading days in a row before I even started to get the hang of it.
The only thing I can say is.... Disipline! That word has a whole new meaning, I thought I knew what it meant before, but now I really know that i wasn't. Any bad habits you already have in your personality will ony be amplified and taken advantage of by the market.
It took me at least 90 days to get rid of these bad habits, change permanently, and adopt the attitude required to make money.
One last thing you will need a well thought out work plan with achievable realistic goals that you can see yourself making everyday. You must be dedicated to achieving the goals no matter what. You also can't be a wussy and give up when things don't go your way.
GL all.
Myself I quit a decent paying salary job ( that I despised after 3 years), sold my Subaru wrx, got rid of debts, etc, all to make sure i could live off of a part time evening job while I took a position with a prop trade firm.
Now I am in the transition period from enduring a steep learning curve to starting to become more consistant and profitable. The market seriously handed me my ass every other day for forty trading days in a row before I even started to get the hang of it.
The only thing I can say is.... Disipline! That word has a whole new meaning, I thought I knew what it meant before, but now I really know that i wasn't. Any bad habits you already have in your personality will ony be amplified and taken advantage of by the market.
It took me at least 90 days to get rid of these bad habits, change permanently, and adopt the attitude required to make money.
One last thing you will need a well thought out work plan with achievable realistic goals that you can see yourself making everyday. You must be dedicated to achieving the goals no matter what. You also can't be a wussy and give up when things don't go your way.
GL all.
