You are one of the many who does not understand how it works. Leverage, frequency and compounding are a very powerful combination. In profits, but also in losses.
I trade options. SPY options have very tight spreads, often $0.01 and thousands sometimes hundreds of thousands of OI (Open Interests). Options on individual names that are thinly traded often have spread that are > 50% of mid. OI are often in single digits. I have more successes with these.
If you trade options you will not understand how you can trade less then 100K in futures ES and make a good living without having to trade 30 years day in day out.
My 2 sentence reply to ALL of the above because I'm very down to earth After doing all this did you solve your problem? Yes or no, there is no gray. I know the answer and you do too. If the problem is still not solved do you think you did the right things and connected to the right people?
ironchef, I respect what you saying, but I still rather pay for help and training. Getting free trading help has not worked out for me. Just sends me in circles. I am at the point in life, where it's just easier to pay to be taught something or buy whatever trading course or book I want. Sorry, just do not want the free stuff. Waste of time cause I will not get all the details, just half ass stuff and messing around. Look at all the free stuff on youtube. Millions of trading videos. Too much room from error. Even went my hunting deer hobbies, most guys do all this fancy stuff going to free park and free land to hunt deer, not me. I pay for a lavish guided deer hunt with a guy who knows where the deer is in a fancy cabin. He point out the deer, I aim and shoot, I bring home the meat. Just easier to pay man. The only time I get free help is when I at work.
Possibly the option you should take is to pay someone to manage your capital. You keep suggesting that you can somehow buy the secret to success but avoid who it is you have to pay. Not sure if the educational end of the business is regulated. There must be something because some of the sponsors don't give performance figures because of regulations. The closest I have seen to anyone rating different education providers is a site called Trading Schools.org. Have you paid anyone you care to mention and more important did it help?
Hello deaddog, Pay someone to manage my capital, LMFAO. Vanguard S&P 500 index manages my capital very very very well. Very easy money these past 12 years. I do not even have talk to a financial advisor either. I just put money in the index twice a month, and more money just come out year to year. It is very amazing. And I get these dividends too 4 times a year. You know what too, in March 2020, I was down about 20% I think, and surprisingly after talking to NOONE, I am up about 4% I think. Yeah, so I damn sure want be paying anyone to manage my money. To the moom S&P 500 Index. Go Trump, make it happen baby.
deaddog, Of course I paid someone man. In the beginning I try trading on my own and lost alot of money man, like $8000. Wasted alot of time. I thought since I had college degree, trading would be easy. Well, it is not. Al Brooks, William trading, opentrader and some other guy I like. Still on Al Brooks for now learning and practicing. I still have to put in the work too. It's ongoing learning and improving. Of course it helps man. I am learning from experienced traders in a structured educated manner, just like college. Why try to learn on your own, when you can pay for trading training from others experienced traders and let them teach you? I mean, it is not rocket science to me.