MoneyTec Traders Community Forum - View Single Post

meridexgroup · 23-07-2005, 15:22

Since you "wish to start as a big failure," why don't you just spend the money you would have blown on your account for a good mentor.

I don't see the logic behind that last though. Why would anyone WANT to lose money? Study hard now, because you're going to have to do it sooner or later. Why wait before you lose money to do what you acknowledge you'd have to do anyway? And trying to goal for 100% a month, whether you have one day or 10 years experience is setting yourself up for failure. If you're positive, and don't get to 100%, you fail. If you lose, (and lose big considering you'd be risking a lot per trade) which is almost a definite with shoddy money management, you again fail. Its a lose-lose situation.

23-07-2005, 15:22	#8
meridexgroup level 3 Join Date: Mar 2005 Posts: 221 Downloads: 0 Uploads: 0 Rep Power: 4	Re: How much you make per month Since you "wish to start as a big failure," why don't you just spend the money you would have blown on your account for a good mentor. I don't see the logic behind that last though. Why would anyone WANT to lose money? Study hard now, because you're going to have to do it sooner or later. Why wait before you lose money to do what you acknowledge you'd have to do anyway? And trying to goal for 100% a month, whether you have one day or 10 years experience is setting yourself up for failure. If you're positive, and don't get to 100%, you fail. If you lose, (and lose big considering you'd be risking a lot per trade) which is almost a definite with shoddy money management, you again fail. Its a lose-lose situation.