Hi, first of all i want to say sorry for my poor english. I want to ask to all of you how to trade BO for a living/second income. It sounds strange but i will feel happy and satisfied with myself if i can reach an income from BO ONLY of around 700€month, since i have other source of income. What i learned in my first year of experience with BO is that BO are 40%strategy and market analysis/60%emotion management/money management.
I have found a solid strategy wich is even FUN to trade, i managed to make 900% profit in 2 days(25euro+7 of bonus) i withdrawed 305 euro(wich was what i putted in BO in a year)
I had struggle to make the decisions to withdraw the money, and i was more and more afraid to open any options(i decided to take trade with 5% of the balance so when i started i did 1.5€ trade, when i reached 300€ i was more afraid to open a position of 5% of my balance(wich would have been 15 euro)
So, the question are this:
How can i overcome the fear to opean a "big" position(where i live we get paid 20 euro for a 10 hour job so it's big if you think that you are betting it to get 90% return in 5 min doing nothing basically)
How to stick to any Money Management? (I set myself a daily goal, increase the balance of the 50% daily, todays i increased it again of 200%[i loaded 14 euro and now i have 42 after 1 hour and half of screen time] i know that doesnt sound like a problem if i earn more then my daily goal, but i must learn to stick to my plan, how can i do it?
How can i not feel guilty making money this way? Once i got the 300 euro in my hands i felt great, but guilty at the same time, before finding BO, to get 300 euro i should have worked 10/15 days...
How to know when to use an exit strategy, and how much of my balance should i withdraw??