If you don't know seafood, would you really try sushi?
My thoughts are that you will not make money this way.
Back testing is BS. The only way to know if your system works is to trade live. You'll lose money half the time so it's all the same.
Trading ES futures? You'll make money half the time. In the long run, you'll break even or be broke.
Financial advisors are salesmen. You don't have to buy what they're selling. But it you do then the fault lies 100% with you, the consumer. Same...
Absolutely.
Rookie gamblers, aka traders, read posts such as these, take them literally, and then go lose all their money in the financial markets.
You're right. And every successful investor (read "not gambler aka trader") is wrong. You do you.
Smart money, and smart people, don't gamble with their retirement savings by trading Futures, Options or Forex.
On second thought if you invest that money with my associate in Nigeria.....
Give me your money first then I'll teach you the ELITE way to make money.
Day and Swing trading aren't winning strategies. The only retail people who trade for short-term gains are those who will lose all their money and...
You're day trading? Looks like it. Good luck losing your savings a second time.
Let it happen.
Yes.
Good? Investing. Bad? Gambling aka Trading.
Excited about 20 cents? Keep trading like that and eventually you'll lose it all.
Back testing is BS. Makes you think like you can predict the future of the markets.
You get what you pay for. So stick to the major banks and their brokerage arms.
"How did you learn how to trade?" That's like asking how did you learn to scratch a lottery ticket with a penny.
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