How Long Does it Take to Make a Stable Income from Trading?

This is a discussion on How Long Does it Take to Make a Stable Income from Trading? within the Trading FAQs forums, part of the New Traders category; Thanks neil and aliasentric for your interest. Enrolled in classroom Online Trading Academy's courses - Professional Trader; Futures; and Currency. ...

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Old May 17, 2013, 12:43am   #105
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Default Re: How Long Does it Take to Make a Stable Income from Trading?

Thanks neil and aliasentric for your interest.

Enrolled in classroom Online Trading Academy's courses - Professional Trader; Futures; and Currency. Traded live and simulated. Read lots of books. All of it shows me a truth - more money is made giving trading/investing advice than receiving it.

Bottom line - I continue to work on becoming a Master Trader. My current status is reading Jesse Livermore's book and doing much more simulation trading.
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Old May 20, 2013, 3:05pm   #106
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Default Re: How Long Does it Take to Make a Stable Income from Trading?

Quote:
Originally Posted by aliasentric View Post
t2w34035 - I think if you are struggling after 2 years, you may want to get some help from experienced traders. Maybe that's why you are here on this board. However, there is varied levels of experience here and hard to know which advice is good. And some advice may be good for some but not good for others. Have you considered getting some one on one mentoring from an experienced and successful trader? No, I'm not recommending anyone, but there are available mentors out there that can taylor instruction to your trading style...

What I've found is that all the knowledge you need to trade successfully is available for free on the internet, but sometimes a person may need help to put it all together, and/or filter out what doesn't work for them...
The traders who do know what to do are not going to tell you, they would rather trade a PAMM account.
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Old May 20, 2013, 5:34pm   #107
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Default Re: How Long Does it Take to Make a Stable Income from Trading?

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The traders who do know what to do are not going to tell you, they would rather trade a PAMM account.
Trading100,

Please translate the acronym, PAMM.

Thanks in advance.
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Old May 20, 2013, 5:35pm   #108
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Default Re: How Long Does it Take to Make a Stable Income from Trading?

Play nicely guys.
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Old May 20, 2013, 5:47pm   #109
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Default Re: How Long Does it Take to Make a Stable Income from Trading?

I am a full-time trader and never heard of a PAMM account. I did look it up though. Doesn't sound like something I want to do. Not criticizing any who choose this route. Just not the route I would choose.
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Old May 20, 2013, 6:02pm   #110
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I am a full-time trader and never heard of a PAMM account. I did look it up though. Doesn't sound like something I want to do. Not criticizing any who choose this route. Just not the route I would choose.
Looked up PAMM a few moments ago, too.

Not the route I would choose, either.

Been ripped off enough, all ready.
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Old May 20, 2013, 11:04pm   #111
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Looked up PAMM a few moments ago, too.

Not the route I would choose, either.

Been ripped off enough, all ready.
I think I agree - it does look like just another way to lose money...
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