Day traders' weekend lounge February 19 - 21, page-236

  1. 7,575 Posts.
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    Yep I remember dotcom boom. Was 20 years old making bags everyday thought I was a genius. Davnet had me up just over a million bucks. Decided that's it I'll trade for a living cos I'm so good at it.

    Learnt the hard way and over the next 12 months lost 800k. Couldn't lose the lot as I bought myself an apartment otherwise I would have.

    Took me 4 years to return to the markets and come back as a cautious investor and you kinda need to get hammered to realise how brutal the market is.

    Played 2008 very differently and made it though after lessons learnt previously.

    Mainly an investor till I joined this place 7 years ago. read a lot of books etc etc. Only way to really learn is as you said 1000's hours of experience. Speaking and learning from others helps but at the end of the day we are all wired differently, gotta find your space.

    2016/2017 had some great years was asked how you find stocks so early.

    Like you said, Agree with the research. I'd spend 10's of hours per week. I'd look at every spec 3mil to 15mil MC that hadn't run. Read every 4C then Ann's and research Google the hell out of it, focus on emerging sectors. Then make your entry slow and steady.

    Then get some exposure on it by sharing research then it's all about timing your exit.

    In saying that at the moment there is runners everywhere it is hot!

    The music will stop at some point could be anytime. Handling that time is the challenge.

    The best are sharp, disciplined and don't bring the ego. You gotta be something special to make a living from the markets long term.

    Dont place myself in that category!

 
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