Hi Jdesey,
Welcome to T2W.
Now that I've decided to make another attempt at trading not one single person close to me thinks I can pull it off. They all think I'm crazy because of my failures before. Everyone says to me that nobody makes a day training. They really don't know what they're talking about.
Unfortunately, your family and friends are more right than they are wrong, as very few day traders make consistent gains. That's not to say you can't - I don't know you obviously - so it's not for me to say. But, if you've been at this a while and you're struggling to make any headway, you're degree of 'craziness' will be determined by how much your efforts impact your wealth, health and happiness - along with that of your family. If it's a hobby that you enjoy and doesn't negatively affect anyone else, then you can keep chippin' away at it ad infinitum. On the other hand . . .
I am 49 years old and wish I didn't care. But it would be nice to have people support it. I guess it doesn't matter.
I agree with what others have said. IMO, it's best to play your cards close to your chest. Only talk about it with fellow traders or people who are really interested. People who don't understand what it's all about (which includes large numbers of those attempting to practice it), don't understand.
Who else had experienced this?
Yeah, years ago. Nowadays, I follow my own advice and don't discuss it - other than in very, very general terms. People assume that traders do one of two things: they either blow up their accounts owing millions, or they make millions every day. It's black and white in their eyes, there's nothing in between.
I would love to hear success stories how you became a trader. Especially if you have made it full time.
Members rarely ever give details about their success - or lack thereof - as it tends to attract the wrong sort of attention. That said, spend some time here and you'll get a feel for the ones who probably do okay (you're unlikely to ever know for sure) as opposed to those who talk a good talk but can't walk the walk. And if you're in any doubt, always assume they fall into the latter camp and not the former!
Tim.
