that one i have not heard in my 30 years of trading damn right but trading is a lot easier if you have capital to trade see my post 490
my father worked for 30 years as a pilot and as much as he tried he could not take his money with him and you got it all wrong if you think India is a poor country. it is not.it would take a book to explain why it is not
This is a very important question to answer. Because if you don’t have capital you don’t have a business. And let’s face it, if someone asked me to open up a steel mill, I wouldn’t be able to do it. Not without getting a consortium of investors and banks involved. I also started with little capital, and it was a serious problem. I tried day trading the Euro when the volatility was very poor. I forced trades and ate up my account. Then I decided to try TopStep. It was a big mistake, as I realized. Then I worked on the problem and got together enough capital to pattern day trade stocks, where I focused on the stock indeces. Then I was able to graduate up to futures. If you’re running a business it is not your job to simply dream. It is your job to solve problems proactively. If you lack capital, forget TopStep. Even successful, experienced traders can fail their combine. Find a way to save up the money you need, partner with someone if you have to. But by all means, if you take someone else’s money, be diligent with your trading. Otherwise you will be forever a dilettante.
ok my dear friend. we got it. every one got it.? in fact i got it 20 years back ok GUYS YOU KNOW WHAT TO DO. DO IT MILLIONS ARE WAITING
There's a problem with this. First, there's a very fine line discerning who is a dilettante and who is 'serious'. Secondly, who of us can judge? Who of us is professional enough to give advice. Even professionals are flawed. Traders are such, they come in all shapes and sizes. My wife for example has only been trading a few short years but far exceeds me in trading profits. She breaks every one of my style trading rules, but there is something she gets right because of the results.
you cannot do a business with topstep capital. YOU DONT GET IT. DO YOU? it is impossible to have a business with topstep I JUST TRADE it is impossible not to blow your account even if you are the best trader who ever lived
I take you to Jack Schwager’s quote on there being a million ways to trade. You can take many different approaches to the same available information. But those approaches need to be found, and it is not easy. Fortunately market concepts are pretty well researched. You need to find one or two that make sense to you and then take your market and research it. This is where the hard work comes in: see if you can use that concept on the data you have. Without looking at the data you won’t be able to see it. You like trading breakouts? Okay. Read everything you can about breakouts. Then look at charts and find how breakouts happen. Study them. Realize some you will miss no matter how clever of a strategy you come up with. Ask what happens when you enter early, when you enter with confirmation. Find what times tend to work better. Find if there are any indicators that can be helpful in quantifying breakouts and managing the trade. Get to work. You won’t become successful until you spend many, many hours doing this.
i cannot forget top step i cannot forget trading. want to trade and i cannot trade with 49 usd a month as capital except with TST. now have you finished wasting your time coaching me go trade i know you are damn good trader