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Forum: Psychology and Money Management

July 2nd, 2011, 12:22 PM

Replies: 9

Does the path to a successful trader require blowing up an account?

Views: 4,261

Posted By liquidcci

An interesting stat would be to know of the 5% or...

An interesting stat would be to know of the 5% or so of traders that ultimately succeed. How many blew up an account or came close to it before succeeding?

Started a poll
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Forum: Psychology and Money Management

July 2nd, 2011, 12:20 PM

Replies: 9

Does the path to a successful trader require blowing up an account?

Views: 4,261

Posted By liquidcci

I agree guys I don't think you have to blow up. ...

I agree guys I don't think you have to blow up. But most will because most learn the hard way. Hats off to the rare few who choose to learn from others instead of the hard way though.

I may have...

Forum: Psychology and Money Management

June 27th, 2011, 07:51 PM

Replies: 9

Does the path to a successful trader require blowing up an account?

Views: 4,261

Posted By liquidcci

Does the path to a successful trader require blowing up an account?

I say for most it is a requirement. The brain learns through pain. I think the only way for some to learn is to touch the fire get burned and learn firsthand the fire will burn you. After all...

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What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

Limited trading instruments
High platform usage fees
Lack of support or mentorship
Unrealistic rules and requirements
No significant challenges
Something else (discuss in thread)

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