Entering my first trade today, estimation to richness in 2 years

Discussion in 'Trading' started by Stefo, May 18, 2009.

  1. Stefo

    Stefo

    Excellent support being made last week, excellent time to get in, GLD and ES have made good patterns.
    I will first start by making 100-200 bucks here and there in futures.
    After that I will start making 500 in about 1 year, 6 months later I will make 1000 a day.

    I have been training for 6 years
     
  2. What does your "training" involve? Unless large amounts of blow are involved, you will never be a profitable trader....Thats right, cocaine IS the holy grail.
     
  3. good luck
     
  4. smooth sailin from here eh?
     
  5. Stefo

    Stefo

    well I am already afraid, but I am sure that's normal
     
  6. Stefo

    Stefo

    thanks :)
     
  7. In 6 years of training you should have learned one of the most important rules...and that is that setting arbitrary dollar figures is a bad thing. Rather than focus on anything money related, you should focus only on trading well with minimal size and increasing size slowly over time. If you're good, the $$$ will take care of itself. If you are not, the arbitrary money goals you set for yourself will just add unneeded pressure.

     
  8. Stefo

    Stefo

    nothing wrong with having measuring parameters
     
  9. Stefo

    Stefo

    guys its me the resident troll Apak/cold/illuminated one

    but I AM PLACING MY FIRST TRADE, that part is true :eek:
     
  10. Be CAREFUL!! You might want to hedge your trade in case you lose any money.
     
    #10     May 18, 2009