Do you want to hear the truth or do you want to hear what you want to hear? How much are you willing to sacrifice to make this work?
Consider how many people have walked the same path before you with high expectations and failed miserably. Trading has lead many to commit suicide. Remember, you only hear the good side that the industry wants you to hear. This is compounded by the tendency for most people to only tell you when things are going well. Very few people like to admit they have been done. All the losers are no longer around to tell the story how it really is.
Your post asked for helpful information. If you see it for what it is, this will be the most helpful information you will get.
I myself began trading almost 6 years ago and have traded full time for 4 years. I’ve invested 10,000 hours. I’ve lost $300,000.
I know more and I’ve seen more than most will ever know or see. And that knowledge hasn’t helped me yet. So consider that for a moment. Very few people have the luxury of time and finance that I have had and so far I’ve failed. I even moved country to attain a better time zone for trading. That is how far I was willing to go to make this happen.
In life I’m an incredibly driven and disciplined individual. I’ve maintained below 10% body fat my entire adult life and I’ve achieved a lot in my life so far. I destroyed a chess computer on top level, first go, when I was just 10 years old.
Yes, you are alone. And if you think like the herd and reach out for help you will be taken advantage of.
Why do you think these mentoring sites exist? Because they can’t make an income from trading. Would you put in all that work if you could make an income from trading? Don’t trust anyone. You must figure this out on your own. Screen time is the only thing you need.
If trading is so lucrative, why do people work for a brokerage or run a brokerage instead of trade? Consider that.
I would like to say more but my post might be removed. So I’ll put it like this. Don’t trust anyone in this industry. Be careful of the brokerages, FCM’s, all of it.
The most practical advice I can give you is to manage your money carefully. And remember that if you want this to work you are going to have to go through hell. Pure hell.
I wish you the best but your chances of success are almost zero. I’m sure you don’t want to hear that, but do you want to hear the truth or do you want to hear what you want to hear?
If you don’t heed my warning, perhaps you can remember my post several years from now. How many years are you willing to sacrifice?