: What I learnt losing £60,000 in my first year as a full-time trader...


Experienced member
1,266 5
It's getting one's psychology right that takes quite a while...being good at TA, MM and fundementals usually doesn't take you anywhere unless you get that one right...That's the important message for me in that article...


Vasco da Banana

Established member
699 121
Hopefully I'd realise I was an idiot long before I lost £60k.

Lord Flasheart

Legendary member
9,794 975
yep good article. I never lost that much in trading capitol but when i started out I thought it would be easy so decided to go full time straight away.if you include my living expenes for the first few years,I lost near that amount,and thats including a trading profit of about 5k in my first year which turned out to be a fluke.Had to go back to work:mad: but things arent too bad now

Lightning McQueen

4,935 788
does the link work. It doesn't work for me ?

maybe flash knows something we don't, the thread link is like 11 1/2 years old, marketeye web site died completely around 2008'ish, talk about dead thread redemption :p


Well-known member
470 71
The 60k lost would have been a exercise in learning to be a snake oil salesman, which is what he is.
Having met him, he did not look like he had 60k to lose.


Established member
515 34
Lost $15k to $20k the market and $5k to Baghdaddy...

That was a few years ago. All along $25k or so if my brain cells are still with me.

It really does take 1 to 2 years to get the hang of for a normal person. Just do your 24 months and the rest will come.
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