$300 to $64K In Twelve Weeks Explorer.
I'm going to trade this account as if there was $300 available. My goal is to get to $64k in twelve weeks.
One shot, one kill, rinse and repeat. It sounds like I'm setting myself up for failure, but I think this is my best route. I'm going to trade this like a large account (100k), if you don't mind losing (100k.) You would have to be a millionaire not to care if you lost (100k.) So my theory is I can lose $300 dollars, no sweat, so just trade it like 100k demo.
A lot of people think it's easy to make money consistently in a demo account, and it's not. It's actually just as hard as a live account. If you have a trading method that works, it works in both a demo or live account. The difference between a demo account and a live account for successful traders is how much you're really willing to risk to drive up the account or risk substantial losses. If you have a trading method that works, it works in both a demo or live account, human psychology is not a factor. If you don't have a method that works, don't worry because you're in the 97% who can't make money trading (yet.)
I'm not going to respond to philosophical trading questions on this thread because its an exhausting, no win proposition. I think it's important to keep an open mind in life as humans are subject to inattentional blindness. It is what it is. Either I can do it or I can't, it's that simple.
I'm going to trade this account as if there was $300 available. My goal is to get to $64k in twelve weeks.
One shot, one kill, rinse and repeat. It sounds like I'm setting myself up for failure, but I think this is my best route. I'm going to trade this like a large account (100k), if you don't mind losing (100k.) You would have to be a millionaire not to care if you lost (100k.) So my theory is I can lose $300 dollars, no sweat, so just trade it like 100k demo.
A lot of people think it's easy to make money consistently in a demo account, and it's not. It's actually just as hard as a live account. If you have a trading method that works, it works in both a demo or live account. The difference between a demo account and a live account for successful traders is how much you're really willing to risk to drive up the account or risk substantial losses. If you have a trading method that works, it works in both a demo or live account, human psychology is not a factor. If you don't have a method that works, don't worry because you're in the 97% who can't make money trading (yet.)
I'm not going to respond to philosophical trading questions on this thread because its an exhausting, no win proposition. I think it's important to keep an open mind in life as humans are subject to inattentional blindness. It is what it is. Either I can do it or I can't, it's that simple.