Making money is the goal when you are in the financial markets for whatever you are needing it for. How much can you make is the question...
I didn't give a direct answer to the question. I really prefer to play devil's advocate and throw out varying ideas and viewpoints for each person to make up their mind. And in all honesty as I mentioned in the video, its going to vary by a lot between each person.
On one hand that may seem obvious but the person just starting out really needs to dwell on it for a bit. The 80%-90% of the people that fail are probably not going to have many veterans that have been trading for a lot of years. The beginning time for anyone in any trade skill, including trading, should be focused on education and getting experience. The money will come as an afterthought.
Disclaimer: The investments and trades in my videos and blog entries are not recommendations for others.
I am not a financial planner, financial advisor, accountant, or tax advisor. The financial actions I talk about are for my own portfolio and money and only suited for my own risk tolerance, strategy, and ideas. Copying another person's financial moves can lead to large losses. Each person needs to do their due diligence in researching and planning their own actions in the financial markets.
EDIT: At the time this blog entry was posted I had a Youtube video here. That has been removed but I want the rest of my content to be remain. Nothing hidden no past mistakes ignored. All out in the open.
I didn't give a direct answer to the question. I really prefer to play devil's advocate and throw out varying ideas and viewpoints for each person to make up their mind. And in all honesty as I mentioned in the video, its going to vary by a lot between each person.
On one hand that may seem obvious but the person just starting out really needs to dwell on it for a bit. The 80%-90% of the people that fail are probably not going to have many veterans that have been trading for a lot of years. The beginning time for anyone in any trade skill, including trading, should be focused on education and getting experience. The money will come as an afterthought.
Disclaimer: The investments and trades in my videos and blog entries are not recommendations for others.
I am not a financial planner, financial advisor, accountant, or tax advisor. The financial actions I talk about are for my own portfolio and money and only suited for my own risk tolerance, strategy, and ideas. Copying another person's financial moves can lead to large losses. Each person needs to do their due diligence in researching and planning their own actions in the financial markets.
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