Traders who are profitable, what was your first purchase?
While some assume new cars or perhaps more lavish life style what route did you decide for yourself and why?
While some assume new cars or perhaps more lavish life style what route did you decide for yourself and why?
**Context:**
Hey so I’m a 19(M), who got introduced to day trading by a classmate. I remember saying I wouldn’t try it.. But here we are after 25k in losses and 5k in winning trades. So I’m currently in my 9th month of trading Nasdaqistan. And I noticed my biggest hurdles lately is more on the psychological side. I noticed I pass funded accounts with a prop firm lucid but blow them or, I get a good amount of winning days. But always short of getting a payout, my first month of trading I made good money and I have a decent enough mentor. I just feel like something is off. I know I revenge trade, FOMO, and overtrade.
**Question:**
How do I overcome these challenges and for traders who been profitable and longer in this. How did you overcome these obstacles in your journey?
As a professional account blower or AJ investor, I feel like this would benefit me and others who are trying to break through regarding that mentality aspect of trading!
Context:
Hey so I’m a 19(M), who got introduced to day trading by a classmate. I remember saying I wouldn’t try it.. But here we are after 25k in losses and 5k in winning trades. So I’m currently in my 9th month of trading Nasdaqistan. And I noticed my biggest hurdles lately is more on the psychological side. I noticed I pass funded accounts with a prop firm lucid but blow them or, I get a good amount of winning days. But always short of getting a payout, my first month of trading I made good money and I have a decent enough mentor. I just feel like something is off. I know I revenge trade, FOMO, and overtrade.
Question:
How do I overcome these challenges and for traders who been profitable and longer in this. How did you overcome these obstacles in your journey?
After a little break, and lots of thinking I am back to trading! During this time I started a business with my Dad and focusing on trading secondary. I noticed some slight changes in my trades like less fear and fomo because the income coming from my store. So it makes trading less stressful for me and more just boring. Still have a long way to go until the Eval is passed but I will get through it whether good or bad. Just wanted to "journal" and share my progress :)