Is it even worth the effort to learn how to trade?

Discussion in 'Trading' started by trade5656, Apr 9, 2017.

  1. MrScalper

    MrScalper

    Well, you know what they say about trading..

    The only person that matters, is yourself :)

    It really is a fools game, and so many of them keep that so true!
     
    #51     Apr 16, 2017
  2. Speak for yourself buddy and not for others.
     
    #52     Apr 16, 2017
  3. _eug_

    _eug_

    How many years of living expenses, would you guys consider as sufficient capital?
     
    #53     Apr 16, 2017
  4. MrScalper

    MrScalper

    What's wrong, did I hit a sore topic :)
     
    #54     Apr 16, 2017
  5. MrScalper

    MrScalper

    Forget it, and don't get sucked in like the other fools!

    When you have spare cash, put some aside and start to trade with small risk until you are satisfied that you can now clearly see that most of it is just hype.

    Never risk more than 5% of your total cash, no matter what any fool tells you, and never ever risk more than 1% per trade max, until you know what you are doing, and more importantly, are able to do what is required.

    As for the option gurus, forget about them, as most of them are in the industry and have no choice :)
     
    #55     Apr 16, 2017
  6. Mtrader

    Mtrader

    I propose that from now on everybody who wants to trade first sends a detailed description of what he wants to do, what his education is, his financial situation... to Marketsurfer or one of his aliases.
    He will then receive a confirmation of what these crusaders think he can trade.

    The same procedure should be followed if you want to:
    • take a loan
    • pay back a loan
    • buy a house
    • sell a house
    • get married
    • get divorced
    • buy bread
    • go to cafĂ©
    • go to sleep after 10PM
    • post on ET
    ... in short never do anything without first asking their permission.

    Sometimes I think this site is a kindergarten in which some people think they were chosen by God to protect people against themselves.
    Maybe people should be protected against these crusaders.
     
    #56     Apr 16, 2017
    themickey likes this.
  7. MrScalper

    MrScalper

    What a silly and ridiculous post!

    Mr surf is a gentleman, although he seems a bit old for a new baby, but that is his decision :)
     
    #57     Apr 16, 2017
  8. Not at all. You're funny, you know yourself so well and admit you are stupid. Please don't include others that you don't know, you are the only one. ;)
     
    Last edited: Apr 16, 2017
    #58     Apr 16, 2017
  9. ironchef

    ironchef

    Care to explain?

    I am a new options trader trying to learn some new trading strategies.
     
    #59     Apr 17, 2017
  10. ironchef

    ironchef

    Actually you will be much better off if you don't need your trading profits to put food on the table - For many, trading without pressure allow for better judgements and therefore better results.

    That means, you trade OPM, i.e., you are a professional trader, or you have a day job and trading on the side, or you already have enough money and trade because you like the challenge. Folks that start out under capitalized and need the profits to live are at a disadvantage in my non professional humble opinion.

    Good luck.
     
    #60     Apr 17, 2017