Hello, I don`t have much money not nearly enough to start trading and make a living out of it. I would like to become a funded trader, trading FOREX or Indices. Can anybody here recommend me a good course that can teach you how to become really good at trading? But not lose more than 10% of my capital per month and can make me like clockwork 5-10% a month? Thank you
Trading is a business. Imagine a business where without money one could get funded at 0% interest, expose just the 10% to make 100% return on max risk every month. Totally unrealistic.
You don't have money. You don't have skills. You don't have knowledge. And you want to make a living in one of the most competitive industries out there? Just forget about it. This may seem cynical and pessimistic, but it's actually well meant. I'm saving you a lot of trouble if you listen.
No course will make you a profitable trader. Start with mean & standard deviation analysis. Buy low & sell high. Accept losses & uncertainty. Keep an eye on flows & events. At least … 5-10% / month is realistic. You don’t need to overtrade or risk too much. But it doesn’t solve the profitability issue xD
First you have to like it. I just got fired from my 9-5 job and i am so happy to be back trading next week. Just don't go opposite the market when it's running otherwise the ups and downs is your friend and you can collect profit when it goes in your favor. Also it may appear easy in the beginning but you'll lose when you develop fear and greed feeling later.
Why would I want to charge someone $39.99 for a course, to teach them how to make 5-10% a month like clockwork? The simple truth is I can't and that is why I am teaching a course, charge you $39.99 so I can get rich off you.
Really? You realize sir, that is 60-120% a year, you are better than Jim Simons. And folks like Simons do not have to teach trading courses.
No I am not better than Simons. He manages tens of billions. He would beat me by making 0.01% / year.