My ex's son started real time like 6 weeks ago, and he doing ok, he understands the long hours that his old man is forcing him to endure, cause one day I won't be available to be around whether traveling or deceased. He knows how much pain I have endured to make signals look simple, how easy risk management looks and took decades for me to understand. I am forcing him to hand chart one minute charts then trade off those, he knows he will have to do this for three years and ten years for long term commodities, he is learning the right way and it is paying off. I wish I had a bastard like me when I was starting off, I did have older men who knew fundamentals, knew them well and took me under their wing but they didn't know much bout charting. Stepson trades 75 minutes then goes to work-he trades his own $5,000, he is starting to hunt for rental houses, told him to go through process of finding certain kinds of houses and make offers, he already done apps with mortgage companies. I like working with him as he is now focused. I am proud of him.
He is in his 30s, and only know since he got engaged, my advise seems prudent. He knows he has much to get caught up financially and he knows he won't get a dime from me other than wedding gift. But he also knows the knowledge I bestow is priceless.
Successful traders happen when you are ready, you been in the game number of years, you know how to get there, but cause we lie to ourselves, we fail. You have to take the hard path to achieve wealth, it is not an easy road to follow, you have to get into people's faces sometimes to do things you rather not do, but in who's best interest by not doing what needs to be done?
Some see it as chances, and that is why we back test, you want to discover the probabilities of the past to see if the present will work out.
