BlackCat wrote:Different traders have different strategy, what works for me might not work for you. You have to explore what kind of trader you are, that fits your personality. There is no right or wrong method as long as you make money.
Thanks for the reminder. Not intending to start an argument...hope my posts did not come across as too stubborn or argumentative. Just trying to write down my thoughts as I adapt my investment strategy...all the best.
not offensive at all.... dont worry.... perhaps i come across as being impatient... pardon me...
anyways.... as a down to earth suggestion... read, and read alot...it is a good start...then, practice...and i assure you, you must be prepared to begin losing money...so, dont dump all in the 1st time... if you have $10K to spare... use 1K...almost 100%, you will eventually lose this 1K...
the impt thing is the practical lessons you learn from losing this 1K...which must outweigh the dollar value of this 1K...and then...put in another 1K... and i can also almost assure you...you are likely to lose this 1K as well...
this will go on for some time..BUT along the way...you will come to some positive realisation....and when you refer to this thread again, you will know what i mean...
good luck.... take care