Quote from Pipflow:
Thats really a huge sum of money which i cant even think of at the moment. Thus still working towards getting good track record and strong portfolio.
A person has to adjust to money.
Money is a commodity that has utility.
Life styles do not cost much to have.
I am oriented differently than the OP here who ignores and makes up "study" lists for becoming an observer and not ever much of a participant.
We all start the same.
It is not complex to figure out how to get to big money. You use money to make money.
Make a zig zag of my trades on the chart I attached. Use 1 contract to understand piont A of making money.
Use 10 contracts to fill in point B.
Use 100 contracts to fill in point C.
Diversify into a second market. repeat points A, B and C.
The illustration of most of one day shows what it is like to have my employee earning his annual pay and his annual bonus.
There 240 working days for this person to use money as I dictate to him.
He learns to follow directions in 20 days.
He makes his annual income for me trading 10 markets by working about 7 hours plus lunch at his desks.
Will he leave my employ? He certainly would be a good employee for the OP after he worked for me a few quarters.
He has to learn 56 finite parts. Lets say he can learn 3 a day by looking at a brief Boolean formula for each.
I gave markersurfer a formula that his quant and his assistant could use to make money every day. There are three people who cannot learn one formula. So it is humorous to see them waste their lives.
It took william J O'Niel 27 months to use a starting 500 bucks to crate his needed capital to begin IBD as a corporation. Read page 173 of "24 Essentials for Investment Success". The OP does not know these 24 items as he proves in his list of questions.