want to learn about and get into trading
- Thread starter zeezprah
- Start date
Assuming you are legit, and not some umpteen alias
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Trading is the quintessential Ying & Yang
It is the easiest way to make money there is
However
It is also the most psychologicallyâ¦, and emotionally â demanding way to make money there is
One that is consistently full of pain and disappointmentâ¦
No one likes being wrong
No one likes losing money
No one likes missing a move
No one likes complete uncertainty
But rest assured â they are all necessary â until the day you stop tradingâ¦.
Trading is also laden with, and plays upon â oneâs egoâ¦, fearsâ¦, insecuritiesâ¦, opinionsâ¦
And will â until the day YOU stop allowing it
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The good news
Learn to operate within this environment â in spite of what you likeâ¦, how you feelâ¦, what you think.., or what you want⦠You will succeed â and make all the money you choose
The not so good news
Donât learn to do the above â You will fail⦠might even end up emotionallyâ¦, and/or financially â scaredâ¦, if not broken completely in two
Just imagine how devastating it would be to realize one day â all this opportunity â and I canât tap into it consistently â damnâ¦.
=========================================
Most trade their emotionsâ¦, feelingsâ¦, fears.., opinionsâ¦, egoâ¦
A very few trade â in spite of these
===========================================
So know this as you progress along your journeyâ¦
Trading truly is simple⦠but not necessarily easy
How easy will of course be your choice
RN
=================================
Trading is the quintessential Ying & Yang
It is the easiest way to make money there is
However
It is also the most psychologicallyâ¦, and emotionally â demanding way to make money there is
One that is consistently full of pain and disappointmentâ¦
No one likes being wrong
No one likes losing money
No one likes missing a move
No one likes complete uncertainty
But rest assured â they are all necessary â until the day you stop tradingâ¦.
Trading is also laden with, and plays upon â oneâs egoâ¦, fearsâ¦, insecuritiesâ¦, opinionsâ¦
And will â until the day YOU stop allowing it
=====================================
The good news
Learn to operate within this environment â in spite of what you likeâ¦, how you feelâ¦, what you think.., or what you want⦠You will succeed â and make all the money you choose
The not so good news
Donât learn to do the above â You will fail⦠might even end up emotionallyâ¦, and/or financially â scaredâ¦, if not broken completely in two
Just imagine how devastating it would be to realize one day â all this opportunity â and I canât tap into it consistently â damnâ¦.
=========================================
Most trade their emotionsâ¦, feelingsâ¦, fears.., opinionsâ¦, egoâ¦
A very few trade â in spite of these
===========================================
So know this as you progress along your journeyâ¦
Trading truly is simple⦠but not necessarily easy
How easy will of course be your choice
RN
trading can be an excellent hobby for fun or profit. Some go on to make it a full time job. As the previous poster stated, open up a simulated account, many brokerages, and eventually you are going to need to clear through a broker, offer demo accounts.
I would not waste my time or money on any books or websites or posters who claim they can help you beat the market.
You won't make it very far if you don't have the investigative desire to search out the info on the mechanics of how markets work, and those books and websites should be obvious to you.
Like the guy said, open up a sim (simulated) or demo account, then start asking questions.
You young guys have it easy, there were no play money accounts when we started.
I would not waste my time or money on any books or websites or posters who claim they can help you beat the market.
You won't make it very far if you don't have the investigative desire to search out the info on the mechanics of how markets work, and those books and websites should be obvious to you.
Like the guy said, open up a sim (simulated) or demo account, then start asking questions.
You young guys have it easy, there were no play money accounts when we started.
