A trader compares making $250 in a 45-minute trade to eight hours of work for the same pay, calling it a "F.U. skill" that could replace a job. He warns that 99% of traders lose money and that strict risk management is essential.
Most people work 8 hours a day to make $250. I just made that in one trade that took me 45 minutes. Trading has warped my perception of money to a point where I can't reverse it. This is not to flex or put people down for working a job. You need to work a job to get the capital to trade. This is just to show you that it is possible. Learning this skill will prevent me from ever having to go back to a job. This is why trading is the best F.U. skill, because it's just you and the markets. It doesn't rely on anyone else. It's you and lines on a screen, and your direct effort increases your money. But remember, 99% of traders are unprofitable. This is a very hard thing to do consistently. I've worked very hard on my risk management strategies, and I just get in and get out with the profit.
