Ten-thousand in Education and still not profitable! | Trading Reviews and Vendors


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Ten-thousand in Education and still not profitable!

  #261 (permalink)

desert CA
 
Trading Experience: Intermediate
Platform: NT7, TOS, TWS
Broker/Data: AMP, DT, TDA
Favorite Futures: CL,NQ,YM
 
Posts: 2,108 since Jul 2011
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I would agree Bobby for the most part. Sim does have uses in developing skill in entry and practice reading the charts. It is practice. Then in a real session, stop losses of real money take a huge psychological toll. Despite what books say, it's never easy to forget the real monetary loss and move on. (It's always easier to waste/lose other people's money, like what the federal&state governments are doing. The author's of trading books are not trading your account or money, they are making money selling the book one is reading.) Even worse with multiple contracts. When one is losing that much more money on the line. extra thoughts: So I guess that makes a better case for not having an under-funded account. But a lot of us are trying to trade in order to accumulate a bigger account!


Last edited by Cloudy; February 13th, 2012 at 03:14 PM.
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