This is a long post, so if your attention span is as short as mine scroll down to "TL;DR"
There is a noticeable amount of pessimism whenever a "newbie" creates a thread
and states that their journal will showcase their progress during their goal to make a million.
I completely understand the negative comments that are quick to fire off, however, I do believe it is possible for someone with less than a year of experience to make a substantial profit. Please view this journal as my personal way of seeing if it is truly difficult as perceived; on this site, on the world wide web, and the majority of sources imaginable.
With a little help from ADHD-PI (shhh just google it) I dropped out of college a month before the year was over. I forget how, but this sparked a heavy interest in the markets. I spent two months learning the bones of investing. At this point I knew the definition of everything from volume to a head and shoulders pattern. The following months I worked at a camp then returned to school. I would occasionally check the price of a stock I essentially made a bet on. This was the only connection to the stock market I had made for months. School ends and I have devoted the majority of my time learning. Blah Blah Blah boring stuff - total up the amount of time learning and it equates to four months. In addition, I have spent one month placing the odd trade that developed a win to lose ratio of...drum roll... 2:18.
After an ego check, I came across a method that consistently returns profits. I traded it on paper for a week - so scratch out consistently actually - and will begin to trade it on a real account. Posts will consist of every trade's P&L in percentage. If things go as planned I will post screen shots for proof. Please keep in mind I start work around 11:00 AM or 12:00 noon and can only trade until those times.
TL;DR
There is a sentiment that a new trader with less than a year of experience automatically fails. I will test that theory in the following journal. I have roughly five months of experience.
There is a noticeable amount of pessimism whenever a "newbie" creates a thread
and states that their journal will showcase their progress during their goal to make a million.
I completely understand the negative comments that are quick to fire off, however, I do believe it is possible for someone with less than a year of experience to make a substantial profit. Please view this journal as my personal way of seeing if it is truly difficult as perceived; on this site, on the world wide web, and the majority of sources imaginable.
With a little help from ADHD-PI (shhh just google it) I dropped out of college a month before the year was over. I forget how, but this sparked a heavy interest in the markets. I spent two months learning the bones of investing. At this point I knew the definition of everything from volume to a head and shoulders pattern. The following months I worked at a camp then returned to school. I would occasionally check the price of a stock I essentially made a bet on. This was the only connection to the stock market I had made for months. School ends and I have devoted the majority of my time learning. Blah Blah Blah boring stuff - total up the amount of time learning and it equates to four months. In addition, I have spent one month placing the odd trade that developed a win to lose ratio of...drum roll... 2:18.
After an ego check, I came across a method that consistently returns profits. I traded it on paper for a week - so scratch out consistently actually - and will begin to trade it on a real account. Posts will consist of every trade's P&L in percentage. If things go as planned I will post screen shots for proof. Please keep in mind I start work around 11:00 AM or 12:00 noon and can only trade until those times.
TL;DR
There is a sentiment that a new trader with less than a year of experience automatically fails. I will test that theory in the following journal. I have roughly five months of experience.
