@GotherL, what is your expectation? How much profit in what timeframe do you expect to make/earn? And what size is your acct?
Accumulative? For the year 2015 alone? Skills? http://www.elitetrader.com/et/threads/95-of-all-traders-lose-do-they-really.243332/page-9
You've really been given very good advice by K-Pia, throughout this thread. The problem is that it wasn't the advice you wanted to hear. And that makes it really hard for anyone to help you. (And you're undercapitalised, too, by your own admission, which is probably further stacking the deck against you.)
You guys just don't get it do you? It's not whether his advice was good or not. It was the way it was given out. It was rude and insulting but obviously you all fail to see that since it wasn't directed at you guys right? 1. He said amateur in his replies aleast 3 times. 2. He stated I made 20% by pure luck. (With no proof whatsoever.) 3.Sure ... Psychology ... But you don't master by meeting psychologists. (Indicating I should go see a shrink!) None of these statements alone is any indicator he was being an asshole. It's when you put them altogether, felt his vibes and that's when I was certain he was being an asshole!.. If you can't understand that then sorry don't talk to me anymore cuz obviously we come from different worlds! I grew up reading a lot of Andrew Carnegie books btw... I am strongly against criticizing whether it's good or bad. There is better ways to give advice without having to be hurtful.
Too bad, my condolences. I wanted to invite you to invest into my trading fund (currently forming such a private fund with multiple small investors, ie. a partnership).
Thanks for the offer but I think I'd rather invest in myself if I had the funds. No disrespect or anything. I would say the same if Buffet came knocking on my doorstep.
Ok, I understand, but I'm afraid you will need to do it together with a friend whom you trust. I mean I would suggest you to do exactly that.
Ìncrease your time frame. Subscribe to a newsletter with good track record and the one that provides archive and explains it's method. Study the archives. Then trade along with a very small size.
Lately I read an article about a former dog trainer. He stopped to do this, not because of the dogs, but because of the dog owners. They didn't want to change their behaviour. Now, what if market is the dog and participants behave like dog owners? Restart again, do not risk more than 0.002% (yes that's $20 for every $10.000) of your trading capital and learn to find low risk entries. GO