There are many ways of earning money, well, you may think trading is one of them, and many newcomers to the Trading might also think trading is one of the easiest ways of them, but it’s wrong.
Nothing is easy, you need to learn, it takes time and your effort, if you don’t, then you became the next one who loses all his money and even life on the market.
As many trading masters and mentors say there, you should treat trading as your business, not your job.
You should have your proven strategies, your own methods, and ways to win, it does not matter what kind of system you follow, it also does not matter who do you think in this market, remember, the market will prove all of it.
Do not expect to start from zero and learn millions of dollars. It is not gonna happen, I am a programmer, I believe and follow science, so I know, the chances of making 1k to 1million in this market in a short period of time, is not realistic, if you wanna do so and that is your dream, then STOP, you won’t get there.
You may wanna talk to me about those chicken soups on the internet, the success stories of others who did make 1k to 1 million, but can you also calculate the percent of winners and people who can do that among all the traders?
If you have a nice job now, then try to be better at it, it does not matter you are a programmer, or someone else, just try harder, be better skilled and knowledgeable in that area, master your work, believe me, when you know how to master one thing, then you know how to master the second, the third, … including trading.
Your attitude to trading marks who you are and who you can become.
Do not expect to earn quick money. That won’t happen, for newcomers who earned several times in their period of start, this might strange, it seems like they earned when they start, easily and quickly, BUT, do you able to stably earn and keep going like that? how long can you go? a month? a year?
What you should expect from trading then?
You should expect growth. When you trade, especially when you want to win, then you need to learn a lot of financial and statistical stuff, you will also learn many things that you did teach at school, even in the university if you are not a Finance or Economics major student, that helps you a lot, I mean really a lot, with that knowledge, you will able to protect and grow on the financial market.
You should expect realistic extra income from your trading, like 5% a month of return is nice if you learn seriously and trade smartly, then it might strike 15~20%, but I think ( currently it is a proven fact for me) it is the threshold that you can earn from there.
NOTE: when I am talking about return, I am talking about average return, in some weeks and months, I got only minutes on my account, you should also count your losses along with your wins.
Also, do not expect to trade the whole day. You have to worry about other stuff in your life, other things to handle, you have your family, your brothers and your sisters, you friends, do not expect to spend all of your time in front of your time and thinking that the time you spend will proportional to the result, I am sorry but it is not.
ok, after talking about some basic principles and expectations, now after this post, we will start exploring trading together.
