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

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Ten-thousand in Education and still not profitable!

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Manta, Ecuador
Trading Experience: Advanced
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Favorite Futures: E-mini ES S&P 500
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bobbyacim View Post
Folks, It looks like I am not going to get my question answered on this forum either.. Oh well, I will continue to ask this same question in hundreds of other forums until I tire.

Bobby, if your goal is to be a profitable trader, I would suggest using your time to journal and learn from your own actions and mistakes so you can maximize your strengths and minimize your weaknesses. But, I have a feeling this approach does not agree with you, so that probably means you would be happier doing something other than trading.

However, if your goal is simply to make money (without being a trader yourself), and if you want someone else to trade for you as it seems like you may (you keep looking externally for methods and systems), why not simply hire a financial advisor from some big firm and go put your money to work with them, and let them handle the methodology. This would seem to be a better fit for you, this way you can spend your time researching the firm and the credentials of the person handling your money, which seems to be a strong suit for you, and not micro-manage the day to day operation of trading, which seems to be a weak point for you.

jstnbrg View Post
IMO, a professional is just an amateur who has succeeded.

I agree I've often said a "Master" trader is just a trader who has made all the mistakes and survived.


Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
Help using the forum? Watch this video to learn general tips on using the site.

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