%% LOL a big goal; mine are similiar, except i do invesre ETFs+ cut a loss of make a profit with occasional countertrends. Again/ back to the main profits + main UptrendLOL
This I have to disagree. Trading, I find is timeless and ageless. As long as you don't have Alzheimer's or other brain degenerative diseases, you can learn trading at any time and any age. Trading is very dynamic and yet very practical and not that abstract. It's very real and has an impact you can see right away so it's not that difficult to learn. I find it's actually better when you learn it a bit later in your life when you have experienced life a bit and matured a bit. You might learn the mechanics and the various concepts of trading more quickly when you are younger like during your teenage years but trading is not just about the mechanics of it; it encompasses a whole sleuth of skills that a teenager might not have acquired and plus like you said, we really won't know what to do with ourselves when we were teenagers. Very few people are that focused and know exactly what they wanted to do when they were teenagers. And even when we are, things often change. When I was a teenager, I wanted to be an artist. LOL
%% NOT to dis teens who seldom have risk control skills; time in the markets rather than timing markets. Even though timing can help in countertrends; not very important in uptrends . And Mr Schizo, no such thing as dumb money, money has no mind+ it's sure not dumb of the longs making profit$ with the main tend/LOL Get real buddy. May or may not not want to do long daytrades if leveraged to max, but thats your choice
Another month Mortgaged paid and all Bills paid. Which means baby gets another new pair of shoes. (Think she's on pair #366 now) No idea why women need so many damn shoes.
By order of importance/relevance: 1. A real edge, meaning you can really see how the market moves sometimes. This takes years of screen time, i.e., the famed 10,000 hours theory. 2. Risk/loss control, a psychological issue. Focus on psychology more than execution, e.g., set stops. 3. Good/perfect execution. Counterintuitive to human nature. Takes years of practice and losing.
I beg to disagree. It is not your age but your willingness to learn new things, no matter your age. Someone once said, age is just a number and mine is unlisted.
Hilmy83 is a wanker, don't waste your time. As per the OP's question, I think the most important bit is to be able to filter noise from a trend. If you can identify a trend early you are golden.
You just said the magic words. But it is easier said than done. Some of us spent a lifetime working on it.