This is directed toward ALL readers of this thread.
PLEASE!!! PLEASE!!! PLEASE!!! READ THIS AND UNDERSTAND WHAT SEEK IS SAYING.
IF YOU CANT TRADE DAILY ON DEMO WITH SUCCESS YOU CANT DO IT WITH REAL MONEY.
IF YOU CANT TRADE DAILY WITH REAL MONEY WITH SUCCESS YOU CANT TRADE 4 HOUR.
IF YOU CANT TRADE 4 HOUR ON DEMO WITH SUCCESS YOU CANT TRADE IT WITH REAL MONEY.
THIS IS A PROCESS WHICH REQUIRES COMMON SENSE.
The material in this thread has helped many people but its not the most important lesson/s contained here.
The most important lesson in this thread and the single biggest reason it has produced results for people is the constant pounding home of one fact.
IF YOU WILL COMBINE THIS MATERIAL WITH THE KNOWLEDGE THAT THIS IS A BUSINESS AND MUST BE TREATED AS SUCH YOU CAN OVER TIME SLOWLY BEGIN TO FIND SOME REAL SUCCESS.
I know people get tired of me saying this but here it goes again.
DO YOU REALLY THINK (ONE WEEK,ONE MONTH OR WHATEVER) OF READING A THREAD/METHOD AND THEN TRADING WITH REAL MONEY IS GOING TO WORK WITH NO INDEPTH RESEARCH AND PRACTICE?
CMON FOLKS THINK ABOUT IT.
A PLAN FOR SUCCESS.
1.3 succesful months in a row on daily while demoing (minimum)
2. on daily 3 to 6 months in a row with success with a small account never risking more than 1 or 2 percent per trade.
3. on daiy full size account 3 to 6 months in a row of success with 1 to 2 percent risk.
4. now you can try 4 hour following the SAME PLAN AS ABOVE.
5. if YOU EVER lose roughly 30 percent of your account you STOP TRADING and go back to demo to find out what went wrong. YOU DONT GO BACK LIVE until your account is refunded to its original size.
The outline above assures you will be treating this as a business and garuntees you will never blow out an account.
iF YOU CANT GIVE YOURSELF A COUPLE OF YEARS TO MASTER THIS BUSINESS AND ALONG THE WAY USE SOME COMMON SENSE YOU HAVE ZERO CHANCE OF SUCCESS.
IM literally begging each and every reader of this thread to wake up to this fact.
95 PERCENT OF THE PEOPLE THAT TRY THIS BUSINESS FAIL AND THE REASONS ARE NOT HIDDEN. THEY ARE AS CLEAR AS A DEEP BLUE SKY. THEY ARE HIDDEN FROM NO ONE.
PEOPLE REFUSE TO SEE THE OBVIOUS AND TO THERE OWN DEMISE.
I know this is really big rant even for me but its part of my soul.
IVE BEEN THERE.
Jim
