tag:blogger.com,1999:blog-629903183837724863.post4782959378953835639..comments2023-08-08T12:30:29.268+03:00Comments on TheHawkTrader: Only 5 questions! Screen a trader! What could they be?TheHawkhttp://www.blogger.com/profile/01227079563409609246noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-629903183837724863.post-63117825047501996252017-03-05T13:32:53.793+02:002017-03-05T13:32:53.793+02:00Αί αμ γκλαντ αι τουκ δοουζ ίνγκλις λέσονς μπακ δεν...Αί αμ γκλαντ αι τουκ δοουζ ίνγκλις λέσονς μπακ δεν....<br /><br />My five questions to a self-proclaimed trader would be the following:<br /><br />1) How many hours do you spend daily trading or studying about trades.<br />Any answer below 5 is seriously questionable, 5 to 10 would be fair, above 10, highly suspicious.<br /><br />2) How many years have you been trading?<br />Again, any answer stating fewer than 5 years, is just discarded. Most wannabe traders are out of the market in a few months; you can survive up to 5 years if your starting capital is high enough, or if you are lucky enough. But a trader with -let's say- 6 active years is considered a serious one.<br /><br />3) Show me the money: What is your trading capital, what was your initial capital, and what is your monthly variance. <br />If your P/L looks more than the Russian Mountains Rollercoaster, than a steady upward line, you look already suspicious. If you trade a couple of thousand Euros, you're an amateur. <br /><br />4) What is your backround? How did you get involved in trading? Were you a gambler? An alcoholic? Molested child? Your parents died when you were young? Do you do drugs? Do you have sex addictions? <br />Most traders are in fact just upscaled gamblers. As a result they do not posess that personality, or sentimental stability to prosper. Be highly suspicious of someone using trading as an acceptable way to deal with deeper , self problems.<br /><br />5) What are your goals in life? Do you just enjoy good life? Are you an achiever? What will be the purpose of your profits? Will you buy a summer house and rest? Travel around the globe? Open a restaurant? <br />Traders without clear perception about their life course will be eliminated by the forces of nature. Trading sould be a means, not an end goal.<br /><br />If you ask me, of every 1000 active traders now, only a handfull, will they pass this test, and most probably those who will pass, they will still be around a decade after.<br /><br />Μπαγάσα, μου έφαγες μισή ώρα από τη ζωή μου γι αυτό. Κερνάς σοκολάτα!<br /><br />ArTaXiAhttps://www.blogger.com/profile/11809452661353773640noreply@blogger.com