I know this is directed at me because he posted a criticism about me on the other thread then deleted it. Think I didn't notice. My response. Just do what you want to do. I'm not in the position of needing help so I don't give a fuck what you want to believe.
The typical amount of applicants that are rigorously tested to be approved for the U.S. Naval Academy Class that that choose to be a fighter pilot is about 250 a year; only about 50 of those then become pilots; a fraction of a percent of those that aspired, to be, in the beginning. The reason more than 95% of those that choose to become traders fail, is not because they didn't spend 10,000 hours, it's because of the ability they were born with are not the abilities required. Trading is very demanding of several human qualities and we all are different; I am sure time can help for some, but for others, it wouldn't matter how many hours they practiced. I'm certainly not saying it's easy, all I have ever said is they can stick the 10,000 hour rule, it defies common sense.
SimpleMeLike, you seem like an earnest guy. If I were at your stage, I'd spend more time observing price development and testing ideas based on those observations and less time involved in lengthy discussions based on suspect suppositions.
Possibly the reason it is difficult to become successful as a trader stems from the work environment. For example, most people go outside their homes for normal employment, drive to work, mix with work collegues, then switch off brain and return home to family. With trading, there is possibly constant distractions at home plus the lack of incentive to be disciplined. The lack of work/trading collegues means lack of feedback on progress and lack of guidance. Trading imo, suits hermit mentality people though best, if one were locked up in a prison cell in solatary confinement, one would be proficient in under 10,000 hours.
No, it wasn't directed at you and I'm glad you were able to read the post that I chastised you for insulting and being a jerk to Xela. The reason I deleted that post, was because it was for your eyes and there was no need for everyone to read it.
1. Use a PM. Ask if you can't figure it out. 2. Go read https://www.reddit.com/r/whiteknighting/ 3. I wasn't being a jerk to Xela, but I have noticed similarities to her and NoDoji.
Dude, at least do a few seconds of google research before replying to my posts: "The requirements for becoming a doctor in the U.S. may vary by specialty. In general, doctors complete a 4-year undergraduate degree program, spend 4 years in medical school, and then complete 3-7 years of residency training before they are eligible for medical licensing."
speedo, Yes, I am pretty straightforward guy. I have no need to show off here. I enjoy ET. What do you mean by price development? Price action? If so, that is what i am doing now. I stare at candles on lower time frame chart with some technical analysis (trendlines and support and resistance) and make risk decisions. I do write down ideas (strategies or "ah hah" moments) daily (if I see some).