| I find it interesting that a lot of people would like to | | | | going to college. The money that you lose is like |
| make a lot of money trading stocks, but not many | | | | paying tuition to learn in college, but you should not |
| of them would like to learn. The most successful | | | | spend too much on losing! I would keep the sum |
| stock traders have gone through several years of | | | | small because you don't want to go all-out without |
| trial-and-error, and they have lost a lot of money to | | | | experience. Trading without knowledge is like |
| become who they are today. Why is it that most | | | | throwing money out of the window. |
| people are looking to get rick quick without putting | | | | Throughout the years of learning, you can analyze |
| effort into learning? | | | | what type of personality you have. It is important to |
| That is just like saying, "I would like to become a | | | | know what trading method works for you depending |
| CEO of a Fortune 500 company, but I don't have | | | | on your personality. What works for somebody else |
| any experience to run a company." If that sounds | | | | might not work for you. Each person has a different |
| silly to you, then wouldn't it sound silly too when it | | | | trading style that suits him or her best. If learning for |
| comes to trading stocks? People would rather lose | | | | a few years sound too hard for you, then quit |
| $1,000 instead of spending that same amount of | | | | trading and pick something else to do. You cannot |
| money to make better decisions trading stocks. | | | | make a lot of money right away. |
| You need to treat the first few years like you are | | | | |