Question 5 of 5
Assessing Your Resources for a Sustainable Trading Journey
Are You in Full Agreement with the Following?
Having adequate resources and support is crucial not only to start trading but to continue it sustainably. This encompasses financial means, sufficient time, and robust relational support. Please assess your readiness based on the following criteria:
- Time Commitment: I can dedicate approximately one hour per day to my trading activities.
- Financial Resources: I have access to more than $10,000 USD for trading purposes, which may include funds from accounts such as a 401k, IRA, or a cash trading account.
- Financial Safety: I do not rely on credit or funds that I cannot afford to lose for trading (e.g., using credit cards or tapping into essential savings).
- Relationship Support: If applicable, my spouse or significant other supports my trading endeavors.