Australian (ASX) Stock Market Forum

Has trading worked out for you?

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There's really only 2 outcomes.

You're a net winner over 5-10 years and your bank account makes everyone happy.

Or you don't.

My personal opinion is that money (after paying to stay alive) is the least important thing that causes the most amount of problems.
 

CanOz

Home runs feel good, but base hits pay bills!
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Thanks for sharing CanOz.







May be a small Brissie Xmas gathering of the ASFer's? We just need to structure so it's tax deductible.



Get someone to look at that asap. It's too valuable and not just for trading!

Thanks for the advice SKC and everyone else!

Count me in on the Christmas get together, if we're there by then!
 
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5 years of fairly consistent losses so far!

If it wasn't for one particularly amazing trader who I got to 'watch' (called his trades live in skype) live for a number of months everyday, who had about an 80% hit rate on the ES with 2 point stops and 6 point target (they varied, but that's a fairly accurate average) making tens of thousands per day, I'd be certain that it's not actually possible.

I live in hope!
 
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5 years of fairly consistent losses so far!

If it wasn't for one particularly amazing trader who I got to 'watch' (called his trades live in skype) live for a number of months everyday, who had about an 80% hit rate on the ES with 2 point stops and 6 point target (they varied, but that's a fairly accurate average) making tens of thousands per day, I'd be certain that it's not actually possible.

I live in hope!

People often use the analogy of learning an instrument, or reading a book on golf and expecting to win a masters tournament. Your post reminded me when I used to teach keyboards (music) many years ago. A young family was all taking lessons and becoming convinced it wasn't possible to read music in realtime, play with both hands - let alone with feeling etc. :)

It seems a lot easier to convince ourselves we'll read a few posts and books and succeed at trading somehow. :cautious: :banghead:
 
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