Took out a loan to transition to full-time trading. 24 years old.

One month is obviously not enough to tell if someone has "talent" for daytrading.

@Visaria

 

yes it is

 

One day is enough, and when you know the reason why you need never listen to anyone else ever again talk about how to trade the best way!

J_S

 

suggest that course is changed here.

 

Ok...

In one months what characteristics will suggest to you that an individual has "talent"? please answer the question specifically.

You know some of the best traders on this site took 6+ years to become profitable.

@Visaria

 

Thank You Harvey.

Where can I find this Meetup sheet?

@FlashGordon

 

You're not getting the results you want one way so you're trying another approach, one you haven't really tested properly but are ready to put live money behind. That sounds a bit like gambling to me.

It appears you have the workings of some methodology but instead of keeping it small to get consistent with it first, you're borrowing money at very high cost and are betting your credit rating on it. I can't see this having a happy conclusion.

 

That's an insane rate man.. high way to the poor house.

Here in northern europe you get an unsecured consumption loan up to $50k for 3% APR, if you borrow against your own RE you get 1% APR. (this after 33% annual interest deduction that we got here)

I would advise only pro traders that know what they are doing to borrow money for trading.

 

Is that what Dylan Thomas died from?

 

TLNW needs to positive and to a good degree before any thought of trading should enter ones mind.