29 Aug Bootstrap trading
The internet is full of websites, articles, blogs, videos, with good and bad sources. And sadly in most cases, simply charlatans. Selling snake oil and potions to the highest bidder. So where do you start? Who do you trust? My answer?! Trust yourself.
In my believe. The problem with most people is that we are looking for a quick fix. Junkies addicted to stimulants and quick results. We want entertainment, solutions, get rich. We want it now. Always looking for that next hit of mediocreness. Always looking for that dealer of hopes and dreams to sell us their next new and improved drug to this magical land where everyone gets in shape. Everyone gets fit. And everyone gets rich. The mere reality is that all of us want most of these things, but actually only 1% of us go out and get it.
Yes, I did use the 99% v.s. The 1% analogy here and I sure am not talking about the super-wealthy in relation to the rest of us. I am talking about what everybody wants, but so few actually go out and gets it. Not because they can’t… but because they can’t be bothered. If this is you? With all due respect. Please stop here and go do you. I’m gonna do me. And if you are on the same path as me? Then, by all means, let’s learn and better ourselves together.
Sorry, if that sounded like a rant but I assure you it’s over now. The point I’m making with this, though, is that yes there is a world of information out there. A world with people trying to sell you something. But you don’t need to buy what they know. Just go out and learn for yourself. That’s what I am doing. The bootstrapper way. For those that don’t know a bootstrapper is someone that sets up a business with little to none money to invest.
Got this book called: ‘the Internet’
I have bought not one book or course related to trading. Not one. Nothing. Zilch. Don’t spend a penny! Why? I hear you thinking? I can go pay this guy hundreds of dollars and I’ll be a millionaire in a week. Sure, thing. Go spend your money. There was still a bit of rant in me. I’m saying you don’t need to spend a cent because it’s not necessary. And I’ll explain why.
Like you, probably, I am learning how to trade. I don’t claim to know anything. What I do claim is that I will be a successful trader. I am confident that I will be one because I am putting in the time and effort. If I can’t become one, it’s because the game is rigged and I was never able to be good at it anyway. And basically the bottomline is… It’s never my fault 🙂
BECAUSE THE GAME IS RIGGED!
Obviously, I don’t believe this.
This series of posts are my personal approaches to understand markets and trading and in the end my path to success. So if you can be honest about your situation as I can be about mine, we can do this together and get cracking. If ‘they’ can do it… We can.
After all, you can’t be a good trader if you are not completely and brutally honest with yourself.
This series is called ‘The Honest Secrets to Trading’. I call it this because Yes, it is a ‘clickbait’ thing. Partly. How else can I get your attention amid all these other guys. But I also call it this because I will show you in all honesty what my approach to learning this craft is. Because I am looking for these secrets as well. Just like you. I am putting in the time. Are you?
Last note. Generally, you will find a common theme through my articles and that is GOOGLE for yourself. Don’t know a term that I’m talking about? GOOGLE it. I’m not here to tell you all there is about trading. I am here to tell you how I learn and how you can start learning by yourself. I hope you can appreciate that.
So here it goes…
You wanna learn about trading you have to know the terminology and the basics of course. Before you can start doing that, it’s probably best to choose a market you would like to trade in. I trade commodities so that’s what I am using for my example. If you would like to know why I choose commodities read this article please.
After you have established what the financial ‘instrument’ is that you would like to trade, go on and learn the basics about it.
Well?! Go out and learn them. Here we go.
- Get the basics out of the way. Watch any video on YouTube on trading your instrument and write down the words you don’t know.
- Look these words up in this thing called Google.
- Learn what they mean and write down all other words you don’t understand and you guessed…. GOOGLE them!
- Do this until you can get through any video without not knowing what the guy/gal is talking about.
Let me be the first to congratulate you on achieving a basic level of understanding in trading.
This is not FAIR!
I can hear you thinking that this is BS and I’m not really helping you and you know what?! You’re right. I’m not. You need to help yourself. I am just explaining how I did it. And frankly if this little rant is going to sent you off upset looking for one of million charlatans on the internet, please by all means… Go. I can’t help you. I hope they can.
Now, for those that are willing to put the work in and learn the trade of trading. Please click here to learn on how to approach learning any market with a few simple, but excruciatingly long steps to take. If it was easy. Everyone would do it. You know that’s a true statement.
Thank you for reading
I hope you take away something here. I hope you do go and check out my other blog posts and comment and subscribe for more content please. If not? Just troll me. I dare you. You think you know it better? Bring it on.