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My name is Rafael from Israel.
I really appreciate the learning experience here in futures.io (formerly BMT) forums and the honest wish of it's members to help one another.
It has been years that I am having this dream of being able to trade for a living and in so doing to be free of day job I must admit that wishing to be free is one of my most dominant personality traits in almost any life aspect ( I know this can be an advantage and a disadvantage)
In all these years I have never made a single trade with live money only reading books and using paid and un paid services of all kinds .
Well except this one trade :
I expressed my interest in the stock market to my astrologer (I have a strong spiritual inclination but more on this later..)
He said that I have a strong intellectual left brain aspect and that I should develop my intuition more.
My interpretation of this was to make a lot of cards with stock names on them, concentrated deeply and chose one, it was GRMN opened a small long position and went away, no stop.
After a few days I was down 60$
My conclusion was that this isn't the way to go ..
Although my losses in trading so far is only 60$ my money spent on trading education (books, Services, Courses) could reach maybe 7K$ but I see this as part of the way..
Also at one time I decided that trading is totally not for me because I felt a psychological contradiction between my material aspect and my spiritual/artistic aspect (had an aspiration to be an opera singer for a time but this is different story…)
But after 1-2 years a strong unexplainable irresistible urge forced me into the trading world again (as a spectator only)
I felt there must be a way to compromise between the spiritual and material aspects in me and that I must with the will of god make it work (if he so pleases).
I really hope that with the help of god and the help of the kind members of the forum I can make it happen and who knows maybe be of some help to others in the future.
Rafael
Can you help answer these questions from other members on NexusFi?
“Only one who devotes himself to a cause with his whole strength and soul can be a true master. For this reason mastery demands all of a person.”--Albert Einstein
I would say that trusting cards and/or god will lead to great losses.
You already saw it in a small scale with your tarot cards.
I would recommend you to start with some sort of technical analysis. That's my preferred way to go.
If you want some tips and tricks i'd be more than happy to help.