James, I have always been an independant trader, I only ever trade my own money. Im past retirement age now but I still like to trade. Ive earned a good living out of it albeit having my ups and downs but the way I have structured my finances I could have 12 consecutive months of losses and still be in a good financial shape. When I had very good months the extra was put away for a rainy day(make that bad months)
I trade full time since 4 years ago. I recommend to read this linked post for all those who are still trying to live of their trading https://www.tradeslide.com/stick-to-your-path/. Lets see if this blog keeps its quality, i found it yesterday but seems to be different from others.
ChallengeFX posted: I trade full time, but don't do it for a living yet as I make no drawings from the profits. The intention is to turn 'pro' as I finish University next year as a mature student.
gosh it should be kinda hard to do the full time job without any income from it. actually if I were you I would rather to choose part time trading plus learning. because if you don't have any profit, there can be any mistakes in your strategy...
If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
Patients is the key to trading. And getting the concept of winners and losers. I found these 2 articles helpful because these used to be a problem for me. I have trained myself to be patient and wait for what I am looking for. All these tools from all these posts will help you trade full time.