that's what I like about you no delusions whenever anybody offers you some reward you always ask what the risk is good level head on your shoulders those are hard to find these days well, you read the posts here so you know what I am talking about but yes, you are right, there is always something to learn especially like you say, math and finance there's a lot more to be learned than there is to know
Well , I am 19 year old , currently trading for my second year , my father used to trade back in the 1980's right now he's working as a vice president in a marketing firm , my sister used to trade back in 2007-2010 as a commodities futures trader - very successful , although she decided to move and " save the planet"(Money is not her goal) I hope she succeeds ,so right now it was my turn , There's a big chance I won't beat my sisters records until I am in my mid 20's but I will try , I've received training from some of the great traders - my dad's friends and I did learn a lot , I view trading and great traders as serial killers , serial killer never attacks unless he knows that odds of making a kill are great , if a serial killer jumps on every victim possible on daily-basis without analyzing them properly he's likely to get caught and his life will be over. As a retail investor /trader you can choose the time you want to trade as well as the price , you don't need to be in the market every single day , leave that meat in the middle for Lions and crocodiles - let them fight it out ,leopard is not one of them , leopard knows when price and time is right , take the best risk/reward opportunities .Market does give a lot of time for a person to react and recognize the opportunity , At times it gives too much time - still many don't take advantage of them , Don't be blind and don't be a follower , innovate. P.S I am too young to realize what is wrong here , unless a lot of people are way too emotional
Yes you don't lose anything if you don't trade, but you also don't gain anything either, and time is money, so you shouldnt just wait for two aces to play, two jacks or two queens should be plenty good enough.
it helps if you were a broker and saw a lot fail even though you made money whether they won or lost still, you always wanted them to win becuase once they lost that dried up your income stream you can learn a lot from losers sometimes it's just as simple as doing the exact opposite what they did otherwise, I have never seen a bracket trader make it nobody is that good all the time
Well any failed trader would, hindsight is always smarter. If the OP had been successful he would be saying similar to what you hear profitable traders say. Best investment of time ever, they can now make more money than they could doing a day job, and they have no boss, etc, etc.
in otherwords, just do the opposite of what bracket traders do. And it isn't that easy. Because sometimes they win and you lose. But over time, they will lose, but that doesn't mean you will win. What saves your ass, and pays for all your stupid sins Is when it trends harder and longer than you or I or anybody ever thought it could talk to any sucessful trader they don't talk about all the day in and day out shit they will tell you about that one big trade