goat68 wrote: ↑Tue Jun 08, 2021 10:00 am
The things that come to mind to me at the moment:
- You can't be successful at sport trading part-time, doing it in your spare time
- You need years of experience to understand the dynamics of markets to then become profitable
Family bread winners ,
Family emergency support centre,
Family planner,...list go on
Work , work , ... some times shift .
Marital responsibilities.. extended / in-laws .
Then comes trading ... which requires full attention .you need a good night sleep , exercise and a balanced diet ,otherwise a foggy / jumpy mind ,will hinder your decision making process.
I think we all want to shorten the learning curve, but I personally made a mistake ,jumping the gun and
Went full mode automation before I could fully manually trade .
I think automation is better informed when one has gone through the heavy acrobatics of the trading ladder .
It must be in your muscle memory, ready to execute in your sleep , then you have a good chance to break even and potentially tilt the balance.
If that doesn’t help , then a degree in data science /statistics will be your only way out .
Well rounded experienced number crunchers do well in many fields and I believe this is one such a field .
I can fully relate to the feeling of a mug, handing their hard earned living to the mugger side.but I must say ,you are in a much better position than a majority of us , you are the goat! survive on very little and are more creative than expected .