$30-1000k challenge

Oct 20, 2020 at 16:20
2,281 Angesehen
22 Replies
Mitglied seit Jul 20, 2019   373 Posts
Nov 25, 2020 at 10:18
That's gambling, not trading. No pro-trader ever will be a consistent one (for more than 1 or 2 years) with such a gambling mindset. I've seen people making a 3.000€ out of 300€ within 3 weeks, but then... they lost everything within the following 3 weeks, because the 'markets' were always running against them. It's gambling, not trading. Even if you can achieve this for more than just a few weeks or even months, most probably your retail-broker won't allow you to withdraw all those huge profits. No one is giving money away for free. There's no 'make money fast' scheme out there, period.
patience is the key
Mitglied seit Nov 30, 2016   5 Posts
Nov 25, 2020 at 19:48
Hello Marco,

What you have said is true, at the end of the day, each individual has his/her own way to make money either by gambling or trading or starting a small business, if the individual accepts 'the risk' and 'took the leap' for trading, then he/she should not worry about such things you have said, so in my case, I accept the 'gambling' mindset as long as I have my trading plan, risk tolerance, proper risk management, proper mindset (even the gambling mindset), nothing is impossible as long as you think this is a way towards your financial freedom.

Also, for the retail broker, I have asked so many questions to them like a homicide detective to a murder suspect 😁, I got all the details that I need and the broker 'assured' me that as long as I am following and obeying their withdrawal conditions, then they will allow me to withdraw any amounts (whether its huge or small) which I have already made a Withdrawal plan that will not trigger any alarms of withdrawing more than usual.

Again Marco, Thank you for your input and thoughts, you are totally right, people must learn things the HARD way and it is not an easy task to do such trading method, I have learned this the hard way after 4 years of trading 😎
Set a Plan, Make a Set of Rules, Follow Them religiously, YOU WILL SUCCEED !!!
Mitglied seit Jul 03, 2020   37 Posts
Dec 03, 2020 at 09:49
$30 is quite a small investment. I don’t think that you should expect profits for your investment.
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