What are Realistic Expectations for a Successful Trader?
Video Link: Click Here to Watch Today’s Video As we go into the weekend, I want to give you guys a video (more of an audio clip) to help you re-asses your trading goals and expectations. Many new traders have dreams of making thousands of dollars with little effort, and with little starting capital. I want you to watch the video (Link) from Alex at PureTick.com and really think about what he says and compare his message to your own personal expectations. A memorable quote from the video: “Stop treating the market like a slot machine and start treating it like a business.” Here are some of PureTick.com’s beliefs about becoming a successful trader: – You need to be dedicated. If trading takes second place to other jobs or careers, you will fail. If family or social commitments take away large blocks of your time and interrupt the time you concentrate on trading, you will fail. – If you are afraid of losing money, you will fail. The amount of capital you devote to trading does not have to
