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I don't know if it's possible but I think the advice in this post should be the front screen to futures.io
If you haven't got all that is mentioned in those bullet points then statistically speaking you're pretty much certain to fail.
But many don't see this. It's a mirrors game. Here is the trick: many pursue this avenue as they see it as the "easy" way/answer to all their problems. I believe many of us felt this in day 1 of this journey. There are some persisting in this state for years and years (is this what you see @BigMike here on the forum?)
So, for those experiencing a set-back in they pre-trading life, the journey is twice as hard, as they have the wrong motivation & mind-set all-together: trading is seen as a short-cut to all their problems and a way to avoid facing life's reality. There is however a small procentage that wake up to reality and can steer direction through the rough lessons market teaches them.
Nonetheless, to be successfull in this avenue, the very skills that would make anyone successful in their day to day non-trading life, are a must - I believe.
1) Do you have a happy life now outside of trading? Yes : then more likely than not, you're more fit to succeed in this.
2) Do you have a miserable life (such as jobless, etc) - then likely you're not best fit for this.
3) But if you're in situation 1, why would you pursue this - unless you have a real passion for it ... no reason whatsoever.
People giving up their job to pursue this are a different kind of animal: they're aware of their abilities, they could have been full time employees to their pension, but they want to change something. They want more. This % is small. 2 & 3 probably account for the 95% of the turnover in this business.
I used to blow up! I would add to a loser, miss my stops, and be like a deer in the headlights. I am finally over that but now am b/e since I kill winners too soon. Advice?
I'm interested to know if anybody has had the same problem I've been facing. The problem is as follows: I seem to have a problem to pass beyond a certain point. This point usually is the starting capital or some other number in your …