Advice on how I should Raise Trading Capital?

Discussion in 'Trading' started by zghorner, Sep 16, 2022.

  1. What the hell did I just watch... :)
     
    #131     Sep 19, 2022
    SimpleMeLike likes this.
  2. Hello Laissez Faire,

    You just watched a thick nice sweet assssss peach ass.

    You just watched my girlfriend name Elisha, short for ES (the ES instrument everyone trying to master). I/We been chasing her sweet ass forever just hoping for a feel.

    I called ES my girlfriend Elisha, cause sometimes she nice and sometimes she mean to me, but I can't let her go.

    And neither can you!!
     
    #132     Sep 19, 2022
    Laissez Faire likes this.
  3. zghorner

    zghorner

     
    #133     Sep 19, 2022
    PennySnatch likes this.
  4. savoir

    savoir

    This is true. Longevity can also cement incorrect thinking and behavior that eventually become permanent.

    Everyone has just one opportunity to begin correctly. Almost no one does.
     
    #134     Sep 19, 2022
  5. Businessman

    Businessman

    What i saw with one person who refused to give up full time trading after five years, was

    1) Pride in the fact that we wasn't the kind of person who gave ever up.
    2) If he just continues on he will eventually figure the trading game out.
    3) Constantly thinking that he was almost about to turn profitable when he wasn't. Due to the odd short period when he was able pull off some profitable trades.

    I tried to explain to him how hard trading was at the 5 year mark. But he didn't just didn't seem to get it. Probably thought i was being too negative. He had paid some mentor who had given him some system that never made him any money, even though he said the mentor was making money with it.

    He eventually gave up after 10 years.

    Thats how long it took him to wake up, that trading for a living is really hard and he wasn't going to make a living at it anytime soon.
     
    #135     Sep 19, 2022
    savoir likes this.
  6. NoahA

    NoahA

    You have been here since 2004. What is your story? Profitable? Full time trading?
     
    #136     Sep 19, 2022
  7. The general idea here of being...Elite....means to match the S&P annual average,

    Which is rather stupid and a failed concept considering how much time and devotion the typical, average, person devotes to watching and understanding this craft....when they could have just bought the S&P and do something else with their time and lives,
     
    #137     Sep 20, 2022
  8. savoir

    savoir

    He gave it a shot and couldn’t figure it out and moved on. Seems reasonable.

    Trading futures is just a game. It’s not that important. People want to make it out to be more than it is. Therein lies their struggle.
     
    #138     Sep 20, 2022
  9. tomkat22

    tomkat22

    Jesus Christ that guy is a bigger crook than Ross Cameron,Teo Raynor,Ricky Guiterrez,etc! I wouldn't pay him a fucking dime. Has he ever revealed how much he made/lost in 2022? 2021? 2020? Seems he idolizes and is trying to imitate Cameron,et al marketing schemes. He's probably lost a fortune trading but he dont give a shit because he has a high-paying day job to top up his trading account after the losses,, and a few hundred(or thousand) idiots paying him 10.00/month. What a joke.
     
    #139     Sep 20, 2022
    Laissez Faire likes this.
  10. Well, if you made no progress at all after 5 years or even 10 years, of course it wouldn't be the best life choice to continue.

    Let's say it takes the average person 10 years to become a good doctor/engineer/whatever. And that's with a clear path laid out for you with a clear curriculum to study and learn and with peers/mentors to learn from.

    As an amateur retail trader you're all alone in a jungle where people are looking to exploit you and pull you in all different kind of directions. How on earth could anyone expect to get anywhere on his own quickly without a very substantial effort wading through a lot of BS on the way?

    That's why I maintain that 10 years is a good approximation for a retail amateur to even have a chance at this game, but certainly with no guarantees.

    Knowing this in advance it's probably silly to even try? Most people seem to overestimate themselves though and think they will figure this stuff out quickly. But the years go by, they lose a lot of money and ain't really going anywhere.
     
    #140     Sep 20, 2022
    zghorner likes this.