Originally Posted by
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Demo account is only for us to get used to the platform. Knowing where to click(setting transaction, tools, alert, etc ) and all. But for trading practise, it's useless. Espicially when comes to plogy, as you say above. Alot of books talks about greed and fear. Yes, I do agree that fear is our enermy, but greed? I dont agree with this. Greed might not be such a terrible idea. Lets consider this for a good illuion:
Assume that you open a $10k account. How long could it take to double your account? Keep in mind 10k is a small volume. How can you ever make 6-7 digits with , say 10 years if you keep on risking 1-2percent /commerce? An are you certain you system will still be working say 5 years from today? Beeing greedy with combination of a few intellect is the only way IMO. It's true, you will loose in the future if you keep on risking high. That's the reason why intelligence is nessecery. There are time you want to make the most of the market(when it's trending) and you will find time you want to take cover. Bottom line, greed isnt nessecery a poor thing.
Anyways..back into the subject. . .guys....Even when we don't have any tutor to edue us about proper trading, nevertheless we need to pay some fee (ya know what I mean) . How much we need to cover, it's all up to us. I havent mention how long it will require us to be successful, did I? Below 24 months is bull. Even a rocket scientist probably will loose
I am not saying that I am already successful but I understand those who are successful and unsuccessful. And that I really could tell the diffrent. Its obvious. I know alot from this both parties. But, I am curious tho. . .why are they a few ineffective men and women pretend to be THE KING OF TRADING? Watchout newbies for this kind of people. They are around. I myself got captured by this type when I first began trading. Result: BLOW MY FIRST ACCOUNT.
Thanks for reading.
--TNT--