So a few things:Kai wrote: ↑Wed Sep 16, 2020 9:54 amA bit early to go down that rabbit hole I think.goat68 wrote: ↑Wed Sep 16, 2020 7:53 amJust to set everyone's expectations, if around Xmas time I don't seem to have made at least some identifiable progress for me, then I will throw in the towel at that point, as I've got better things to do if this is never going to work out for me. So that's around 2,000 markets probably.
I know some of you will say 2,000 is not enough, well then so be it, it's definitely not worth the return of investment in what would be at least 2-3 years of torture!!!
Doesn't a college degree on average take 6 years for people? For an average paying job? And people still go for it.
Since trading is potentially one of the higher paying jobs, if not one of the highest, you could make an argument that investing a couple of years in it would be considered a relatively cheap investment. And yet people treat it as a little casual hobby on the side and expect insta-success because they're used to instant gratification.
But traditional education can't and won't really help you with that, since it doesn't teach you how to assess risk in general and manage your money properly, so teachers can't teach you how to be successful because they're not successful themselves, they're just the spokesperson for the traditional education system and only teaching you the basics so that you can serve the society better.
You have to seek out alternative education, and the curriculum is what you make of it, you have to practically create your own since what's out there is not enough.
I may troll around on the forum out of boredom or fun, but I take my trading seriously. If you're passionate enough about trading and want to build your life around it, then it should only be a matter of time.
- I did say if I don't feel like I've made progress, akin to learning something in your first term at college Or not !!
- personal situation comes into it as well, I have a main job in IT, I want to do this as a sideline income. It would never replace my main job income. If my situation won't fit then, unfortunately so be it