There's been a lot of talk on demo trading really..
Originally Posted by brinkfx
Tbh, it's obvious demo-ing is going to make you real money but i dont think some are giving enough credit to it..
Theres so much you can learn while demo-ing before ever having to risk a single penny. I realize that going live and trading real money will bring its own battles to it - probably the toughest to deal with, but im going to tackle those when the time is right for me.. Id rather now have to tackle all my problems in one go, instead deal with them at my own pace, solve one problem at a time.. Im starting to feel more and more comfortable with the strategy, money/risk management and patience, and these are all important things which i want to be able to have some level of control over before risking real money.. At the end of the day, everyone will learn differently, this is just my way..
Im not afraid to 'jump in', but personally, im not in a situation in my life where im really producing a stable income - im a student.. So for me even blowing £100 would affect my life in some way..
Personally, i think your in the wrong game if your going in with the 'get rich quick' mindset. I agree life is too short, but for me, this is about get rich slow.. If getting rich was so easy, and could be done in a short amount of time, there would be a lot more financially free people in this world..
I'm still young, i'll be happy making my millions in 10/20 years from now..
It's 10% What Happens.. And 90% How You React To It...