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God's Trading Journal - Faith, Karma & Beyond


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God's Trading Journal - Faith, Karma & Beyond

  #11 (permalink)
 
AllSeeker's Avatar
 AllSeeker 
Mumbai, India
Legendary Pratik_4Clover
 
Experience: Beginner
Platform: TradingView & ZerodhaKite
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iqgod View Post
I think typing out that post above made me realize that I am wasting my time with both TopStepTrader and Earn2Trade.

I think its better to work with real money and be a real trader than be a sim one.

Good I realized this early enough, instead of going through 'earning' an account and then 'retaining' that account and 'losing funding' because of some nitpicky 'rule' that make no sense in the real trader's universe.

I will stop posting this sim 'glorification of self' - time to get real now. If not now, when? :-)

Whole heartdly agree. Sim not only builds bad habits it has tendency to build unrealistic expectations. Which are quite dettering in long run. I also wasted 6 months in sim even though its hella cheap to just trade real account in India.

Sim is okay if you are testing the platform or don't know anything about the trading and all the order types but ones you do its not useful. And don't want to say this, but honestly all this "funded account business" seems like "chit bhi meri pat bhi meri" thing. You are Indian, so you are probably aware of that saying hare haha

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  #12 (permalink)
 
iqgod's Avatar
 iqgod 
Mumbai, India
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LastDino View Post
Whole heartdly agree. Sim not only builds bad habits it has tendency to build unrealistic expectations. Which are quite dettering in long run. I also wasted 6 months in sim even though its hella cheap to just trade real account in India.

Sim is okay if you are testing the platform or don't know anything about the trading and all the order types but ones you do its not useful. And don't want to say this, but honestly all this "funded account business" seems like "chit bhi meri pat bhi meri" thing. You are Indian, so you are probably aware of that saying hare haha

For the benefit of other forum members:

"chit bhi meri pat bhi meri"

translates to

Having your cake at eating it too.

:-)

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  #13 (permalink)
 
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 bobwest 
Western Florida
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iqgod View Post
For the benefit of other forum members:

"chit bhi meri pat bhi meri"

translates to

Having your cake at eating it too.

:-)

Thanks. I'd wondered if it was swearing.

Bob.

When one door closes, another opens.
-- Cervantes, Don Quixote
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  #14 (permalink)
 
AllSeeker's Avatar
 AllSeeker 
Mumbai, India
Legendary Pratik_4Clover
 
Experience: Beginner
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Trading: NIFTY, BANKNIFTY
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Duration: Minutes
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bobwest View Post
Thanks. I'd wondered if it was swearing.

Bob.



I seem to be dodging some bullets today, I need more self controll

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  #15 (permalink)
 
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 SBtrader82   is a Vendor
 
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iqgod View Post
I think typing out that post above made me realize that I am wasting my time with both TopStepTrader and Earn2Trade.

I think its better to work with real money and be a real trader than be a sim one.

Good I realized this early enough, instead of going through 'earning' an account and then 'retaining' that account and 'losing funding' because of some nitpicky 'rule' that make no sense in the real trader's universe.

I will stop posting this sim 'glorification of self' - time to get real now. If not now, when? :-)

Hi, I just read your post. I think these programs are really useful. I traded my own money for years and I ended up losing a lot of money.
Had I trades with any combine I would have saved most of my funds.

There is no difference in trading your money or a combine. Everytime you lose a combine worth 150k you basically lost 3k and it cost only 100 usd. Do the math.

If you are inexperienced you will think that the reason you are losing is because this is not real money, and if it was real money you'd not be losing.

The reality is that if you are just starting out you are losing because you have no clue about what you are doing, and how to manage risk.
Sorry if I sound blunt, but after 3 years of trading every day I now look back on what I was doing 3 years ago and I can't believe I was so naive.

In 3 years I changed everything: platform, brokers, setups, risk management etc...

I don't know how experienced you are but if you can't pass a combine, do not go live unless you have specific reasons (for instance if you are a swing trader etc.).

Regards

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