I never understand why people say you can't trade to wealth (or take a slightly cynical view on it), yet continue to trade/contribute on trading forums! It makes no sense! Maybe not everyone will succeed who try, but some will.
Look at it this way: my life, ultimately, means nothing. Nor does yours. In 100 years from now we wont be remembered, we will be cold and dead in the ground. So we need to jump in and just "do it" before we grow old and die. We have the chance NOW.
I don't know how old you are or how long I have left on this planet, but whatever time we have left we can work WITH it to build a nice account - an account that can make an individual (ie: you/me) wealthy, relative to the "average" working man on the street.
I'm not talking about becoming Bill Gates rich, I'm talking about enough cash in the bank to never have to worry about money ever again. Never needing a loan or never needing to go back to the poorly paid rat race etc.
I'm not talking next month, I'm talking by 2020. That gives you/me just under 9.5 years. Do some math around that ... that's around 114 months. We all know about compounding, and it's possible. If you think it isn't, then no offence but it's your own mind that will ensure you never reach that goal, not the market. Your own brain is defeating itself. If you can't do it, that's an issue for you alone (not literally you Gle101 I mean the collective "you" to everyone).
Me, I'm focussed and ready and taking it deadly seriously.
Look at where we are RIGHT NOW in human history: we have internet, retail trading accounts in the world's largest markets, PC based charts at the click of a mouse, accelerated learning via the net, etc etc. it's all for the taking! We have it too good!
I look back to my dad's life when he was my age (I wasn't quite born) and he tells me the stories. You had record players back then and computers were used by the military and scienitific communities, not my dad!!
The man on the street just could not trade. He knew NOTHING of it. The stock market? It meant nothing. FX? Nothing. That was all a mysterious world of rich bankers in the City, not for the tradesman in the street going about his life.
Now we have FX accounts that can be opened for $200 by anyone over 18!! These may not be of much use, but it highlights the point.
We are living in very very very lucky and blessed times if we want to trade. We should be grateful as [wannabe] traders.
So like I said, jump in (as in jump into the belief you can make, for example, £1,000,000 through trading if that's what you truly want).
100 years from now, you wont be trading anything (!!) - yet your grandkids may be trading using machines and power and methods you wouldn't believe!!
So buy that ticket and be in it to win it!!
That's my outlook. I'm going for it! Sod what anyone else thinks/says! I know I can do it over enough time.
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