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Old 05-21-2007, 05:54 PM
fthomas fthomas is offline
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Paulon,

If you are still looking to this thread, and for others that are struggling... If you are looking for a 'quick' way to make money. Dude, this ain't it! This will take time, tons of work and tons of study. And oh, did I mention money? Yep, money. Not to throw recklessly at the market, but into learning materials. I've personally spent probably close to $10,000 on learning materials to date. If you don't have that level of commitment to trading, then you do need to look elsewhere. Doctors and lawyers spend years and many, many dollars to learn to make 6-7 figures a year. Should you consider it any less to possibly earn that much as a trader? I've been learning for over 2 years now and I will be going full time in about a month to complete my training and start to trade live. Will I succeed? Only time will tell. But I've made sure that I've got the funds to survive for at least a year and possibly longer, if I liquidate my assets. But I feel that it is worth the shot. I also have a lot of knowledge to back me up. Knowledge doesn't get you into good trades, more then it keeps you out of bad trades. You need to learn how to trade every market condition that it spits out at you. And no system is perfect. All systems are flawed. That's why a trader needs the smarts to modify his/her system to the changing markets.

Anyhow, enough ramblings. And if you are interested in learning more, and need good sources for learning materials, I would be glad to help point the way, so to speak..


Frank.
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