Young guy wanting to start trading

Discussion in 'Trading' started by muenster, Jul 14, 2019.

  1. I will mentor you for 100,000 dollars. You will make millions upon millions. All you need is 500 bucks and a futures account.
     
    #21     Jul 15, 2019
  2. %%
    OK;
    compare your trading to investing, as the year$ go by. Most likely you will see why there are far more millionaires from investing:D:D But quitting college is no shame Bill Gates/ MSFT quit college............................................................................................
     
    #22     Jul 15, 2019
  3. Yachts? I have two. One I would cheerfully sell for $70k and the other I would give away to the right person. GF has one and it can be had for $5k or so. We would like to get it down to just one, and having none at all would not be so bad.

    Now the multi million dollar yachts with full time hired crews, helicopters, swimming pools, and bikini clad boat bunnies, I don't currently have any of those.
     
    #23     Jul 15, 2019
    d08 likes this.
  4. wrbtrader

    wrbtrader

    Where are you working at now since dropping out of college...I mean your job title/duties (not the location) ?

    wrbtrader
     
    #24     Jul 15, 2019
  5. muenster,

    What were you pursuing in college?

    My advice:

    1. Finish your college degree in something that pays you.
    2. Get a job
    3. Trade part time. Many of ways to trade and work full time. www.tradeview.com and many trading mobile apps.

    Trading is very challenging. It will take years to become consistently profitable and you will need trading capital. You can treat trading as a side hustle or hobby.
     
    #25     Jul 15, 2019
  6. ironchef

    ironchef

    I became a full time trader because of all of the above. Great for us loners but don't believe the easy part, it is much harder than my day job.
     
    #26     Jul 15, 2019
  7. ironchef

    ironchef

    From someone much older than 22: You only live once so if you have a passion, pursue it. Don't be the fellow who in his fifties, sixties, with most of his life behind him, regrets that he should have, could have... I rather be that someone who says in his golden years: I tried and failed, no regrets. I did it mine way!

    Give yourself 4-5 years and see if you can make it, if not then you can go back to college and start another career without regret as a still young 30 year old.

    Best wishes to you.
     
    #27     Jul 15, 2019
    Nobert likes this.
  8. padutrader

    padutrader

    why do they not have this?
    one reason is that they themselves do not believe that they can have it.....that they can succeed.
    and it is because of comments like yours that they do not believe it....that they can do it.

    i believed i could do it.... always have, even though everyone said it was impossible.....

    but believing is not enough,wanting it, is not enough, can you stay the course and finish it?

    only i know what i had to go through to reach my desired destination. all 12 years of it

    i did not have to go through Hell......it was a thousand Hells.

    and if anyone goes to a forum and ask for 'guidance'.....then they do not believe that they can do it.
    and that is why 99% fail because they do not believe they can do it
     
    Last edited: Jul 16, 2019
    #28     Jul 16, 2019
  9. padutrader

    padutrader

    if he had 100000 to give you..... why on earth would he want to learn day trading?
     
    Last edited: Jul 16, 2019
    #29     Jul 16, 2019
  10. padutrader

    padutrader

    dont bother..4-5 years wont get you to first base.

    do you believe you can succeed in the most competitive field in the world?.....if you are 99% sure.... then do not even try.
    this is one thing where you have to be 100% committed
     
    #30     Jul 16, 2019
    _eug_ likes this.