--------------------------------------------------------------------------------- At some point you need to see the trading is investing. The time of the investment of the trades is the differential.
-I think you need to be at least 23 to trade futures. -Forums are absurd. I read on this forum every time I log on that I can't do what I am doing day in and day out, because someone who failed thinks if they can't no one can. -There is no wrong way to trade -There is nothing more important than watching your R:R
------------------------------------------------------------------------------- Risk to reward is R:R in your post? If you are saying that than I agree very much to with your post.
I would strongly advise against your trading. The problem is only 10% succeed after many years. And if you spend 3 years and find out that this was not for you, then you may not have a fall back plan. Most youtube videos are fake, they only show wining trades, not the losing trades. If you are smart, I would advise college or some other type of education that will allow you to be hired. Then later in life after you have saved up some money, you could try trading during your free time, or take some time off to do it.
Excellent, Gringo. As said above, watch price (pick a stock) real time for 2 weeks, observe, take notes, don't worry about the labels/names of what you are looking at, (uptrend/downtrend support/resistance, trend/chop, etc...) just watch, see what you see.
Complete is paradigms keynes refers to as complete Hypothesis set. A la all the bases have to be covered by using as many hypotesis as required. In markets there are two. In-kind is an expression about the shape and content of a hypothesis. The two market hypothesis are IF .... Then ....... the IF parts each eal with volume the independent variable. the THEN parts both deal with price, the dependent variable. As a result the market paradigm has a Parametric Measure (PM) Potential traders MUST go through a thinking process. Thinking is a work modus. writing questions for someone to answer for you is just avoiding work and not furthering your mind building to become a successful trader. Let me write out the complete paradigm for you. If you wish you can now check it for completeness and if the hypothesis are in-kind. If volume is increasing, then the price trend is continuing. If volume is decreasing, then the price trend is changing. Many ask about a hypothesis that could be: IF volume is steady (not increasing or decreasing), then the price trend is ___________. think up a word to put in this space. there isn't one and this cease is trivial, in fact, since all cases are already covered. The Pme is a vector (look up vector in a place superior to Wikipedia which serves the uneducated.