Right. Some of very serious fortunes in Russia were made by investing in early 1999 and holding well into mid-2000's. Same principle applies...
Absolutely correct. There were years when I made money trading. That made me think it would last forever, but something changed either in myself...
Very true, just that's not too solid base to provide living to a family. So in a way Surf is right: better have money first and trade second as a...
I personally have 10 years of experience with markets and honestly this experience led me to conclusion that whatever edges are not structural or...
I personally witnessed even more interesting cases here in Russia: when people who's income was, let's say, not ideally from ethical source,...
There's a big difference between OUTRIGHT trading and a typical business (say, running a shop). Directional trader basically tries to bet on...
I believe the purpose (and thus proper organization) of any business is grow by delegating tasks to employees instead of doing everything yourself...
Could just say "just know the future, that's all". :D In reality it's almost the same skill.
Great point you made. That's exactly what I'm trying to say to people maybe just thinking about trading. Possible? Yes. I know a few very good...
Some negativity probably comes from that I couldn't find a robust edge in today's markets (besides long-term investing), because percentage of...
I am glad for you if you are consistently profitable in trading. Seriously. I had my share of trading profits too, but most were: a) from...
Well, I was speaking not exactly of comparison with a corporate job, but with running a business, which is: once process is set up you mostly...
Right, but that's because we sure know making a living selling furniture is possible with really many well documented cases throughout centuries...
How many people who retired early thanks to trading do you PERSONALLY know? The answer is very typical. ;)
Yes, that is my point: every effort should be worth it, leading to higher quality of life. Too often "success" comes very unbalanced and leads to...
That's some good attitude, but imagine your goal is... learn to levitate. Maybe possible, but how probable? It comes down to balance of values in...
Well for me one business just "took me" without me having much of a choice, lol. Dear family member decided to retire and couldn't handle the...
As for me, I try to invest it in longer-term fundamental ideas mostly. Financial markets are of great interest, just I treated day trading in a...
That's true and is one of my top concerns at the moment. I never had coding skills hence automation also was like voodoo for me. Probably the best...
I took a break (can't say to give up as you never know :) ) from day trading and must say freedom is probably easier to achieve outside of it....
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