peterB, January 17, 2019 in Topics
13 members have voted
Hi Peter and other EU Club-members,
Since early December I am simulating trading in the DAS trader. I haven't been with another community before and this is my first encounter with the trading world.
Even though it is paper money, I find it daunting and scary and irresistible at the same time. However, I am determined to become a consistent trader in the coming year -- ambitious, I know, but one has to have goals.
Peter, you are onboard since more than 6 months, right? How do you look back on your experience? What's your plan?
How do the other club members answer these questions?
i am onboard since June 2018. The experience with BB and the community was great allthough my results were not. I did all kind of mistakes and hardly missed any mentioned in the books anyway my plan is still the same - do the trading for living for few hours a day. I am IT professional so adapting the technical stuff for trading was easy for me. The hard was to find time, confidence and set of mind not to do mistakes. I am not a consistent profit trader yet Actualy my success rate for 436 trades in 2018 was only 51% with terrible risk management so last year was a loss for me but i consider it as an investment into this business.
don't be too hard on yourself. From what I've heard and seen and read from Andrew and other BBT members I concluded that becoming a consistent trader takes at least a year. 51% is better than half bad. And I suppose you see a trend to higher percentages. :-) Do I understand correctly that you are live-trading? And you are working full-time? That must be tough.
My background is in engineering and physics. So, the technical side is no problem, but in the few weeks that I have been paper trading I have stepped in about every imaginable and unimaginable trading trap. That's part of it. As you say, an investment.
I am live trading if situation and the rules allow me to do so. Now i am in prescribed SIMulator again to get back on track
Prescribed. Like medicine!
Good luck! Hope you get back on track soon!
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