Is it Worth It!!! | Traders Hideout


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Is it Worth It!!!

  #7 (permalink)

MERIDIAN MS/USA
 
Trading Experience: Beginner
Platform: NinjaTrader
Favorite Futures: Emini ES
 
Posts: 29 since Jan 2018
Thanks: 50 given, 26 received


kevinkdog View Post
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.


I have a question about your statement "most people should never trade". How do you know if you are one of those people?

I guess what I'm really looking for is for someone to say "Man I started out not knowing anything about day trading and now after 2 years of studying my butt off I'm now making a great living at it. It really is a great craft to learn. It gives you such a great filling knowing you can wake up in the morning and work for a couple of hours and then have off the rest of the day. Totally worth taking the time to learn and understand! This is truly a great craft to learn!

Or you could say, I've been studying for years and years and I'm still not making any money at day trading, in fact, I have lost all my savings and I wish I have never gotten myself into day trading. Very few people ever make it as a day trader.

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