Dustin -
Can I do you a favor? Can I give you some advice?
C2 isn’t a good place for you. Not now. Perhaps later, but not now.
Now, listen, I’m the owner of the company, and I want everyone in the world to use my site. But I also want people to make good decisions. C2 is a place for exploring Automated Trading strategies. It’s definitely not a get-rich-quick scheme, or even a get-rich-slow scheme. There’s utterly no guarantee that you’ll make money. In fact, most people who trade lose money.
The fact that you want to make a “last ditch attempt” at speculating probably will not end well. Not here at C2, but maybe not anywhere else, either.
Investing and trading is a lot like dating. The more desperately you need success, the less likely you are to achieve it.
At C2 – and most other trading methods and venues – you need patience and you need capital and you need a cushion. You need to be able to withstand losses. Because – again – there are no guarantees. And, generally speaking, any time you seek a higher return than you can find elsewhere, you’ll pay for that higher return with higher risk.
So, my advice is, take a step back. Hold off on trading at C2 with real money (and probably elsewhere, too, although I am not qualified to speak about other trading opportunities).
If you want to explore Automated Trading, then fine – do so. Set up a Simulated Broker Account here at C2, and use it for practice and learning.
But don’t risk real money until you achieve a certain level of experience and comfort, and - more important - until you reach the point where it doesn’t matter too much what happens to the money you risk. Easier said than done, I know. But please consider my advice.
Matthew Klein
Founder
Collective2
