Is it Worth It!!! | Traders Hideout


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Is it Worth It!!!

  #3 (permalink)

Market Wizard
Cleveland Ohio/United States
 
Trading Experience: Advanced
Platform: Tradestation
Broker/Data: Tradestation, DeCarley, others
Favorite Futures: futures
 
Posts: 2,620 since Jul 2012
Thanks: 1,355 given, 5,001 received


Trading is like any other occupation. You have to work and study at it for a while before you see the rewards. Even then the rewards may never come.

If you want to be an auto mechanic, do you just open a shop and start fixing cars, without a clue what to do?

If you want to be a surgeon, would you try to get a job at the hospital with no education or experience?


Why should trading be any different?


The problem is the barriers to entry in trading are small. $1000 deposit, answer some questions on an account form and bam! - you can trade.

But that doesn't mean you should trade.

I agree with the No BS statement: most people should never trade.

For those that try, it is a long road. Don't plan on overnight success.

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
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