for newbies: when should you quit trading?

Discussion in 'Trading' started by vincentnyc, Mar 15, 2020.

  1.  
    Nobert likes this.
  2. Trading is a part of wvery aspect of your life. It's not just stocks. It's how much savings to keep, how to invest your time in developing what skill. It's making decisions based on unclear information everyday....we never stop trading period
     
    qlai, Nobert and Real Money like this.
  3. Nobert

    Nobert

    Absolutely, that's like the tip of the floating iceberg, the image that general public portrays.
    90% lies behind the scenes and profits, the persona and discipline, the mindset.



    p.s

    OP - great channel link.
     
    qlai likes this.
  4. traider

    traider

    Never, it's an addiction. Even if on another job, that just helps fuel the gambling.
     
  5. Sekiyo

    Sekiyo

    A good trader is a creative trader.
    A creative trader finds arbitrage opportunities.

    Trading is just like business.
    You can bankrupt 9 shops before to get it working.

    You just have to ...
    Fail Fast, Cheap and Good.

    Exploit convex opportunities.
    Since it’s zero sum ... Exploit concave weakness.
     
  6. danielc1

    danielc1

    Never. Unless you want to do something else then do something else.
    If you lose money, go back to the drawing board or seek a mentor.
     
    fractalize likes this.
  7. IAlwaysWin

    IAlwaysWin

    When you start taking advice from other retail traders is when you've fucked up beyond repair. Your own strategy, automation, risk management system and intelligence is the key to success in any market.
     
  8. never said to pay or enroll in his trading course. i'm not sure if he trades or not. all i gotta to say is in this video is 100% true.
     
    Last edited: Mar 15, 2020
    fractalize likes this.
  9. There is no estimated time, if you want to do it for your whole life, you do it and if you only want to do it for a few years, that's fine.
    I have learned everything from https://lvmexchange.com/ and I think I would not leave this soon.
     
    #10     Apr 6, 2020