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Well that was the intent of my original comment, that your money is going to disappear. Whether or not you stick around and continue throwing money into the hol
by fapjacks 10y ago
Well that was the intent of my original comment, that your money is going to disappear. Whether or not you stick around and continue throwing money into the hole long enough to eventually end up at the bottom of someone else's hole is a different matter, I think. You are making money, but you persisted -- indeed, between stress drug prescriptions and visits to the doctor -- when I think most hobbyist programmers will have wished they'd never started in the first place.
- csomar 10y agoIndeed. If anyone ask me if they should start trading, my reaction is "DON'T DO IT". But that is for the average person and maybe software developer. For people who have a fighter personality, good mathematical skills, good programming skills, good economic skills, no kids/family and a nice pile of cash, I think they have a chance.
- fapjacks 10y agoCan I ask approximately how much money and time did you have to sink into learning the ropes before you started to turn a profit?
- user5994461 10y agoThese people have no edge, they have the most to loose and the less likely to risk much while not realizing the risks they are taking. They should not trade.
- csomar 10y agoNot quite accurate but I started with a low 5 figures. Wiped through about 1/3 of it in the first few months, then recovered. It took me about 1.5 years to start making a return on my trades. That doesn't count, certainly, my medical cost, occasional spending spree, and potential future health damage.