Traders Laboratory - View Single Post - Looking To Begin Trading Futures: $$ Losses
View Single Post
  #4 (permalink)  
Old 09-30-2006, 10:11 AM
carter carter is offline
carter has no status.

 
Join Date: Sep 2006
Location: Boston
Posts: 53
Thanks: 0
Thanked 0 Times in 0 Posts
Re: Looking To Begin Trading Futures: $$ Losses

As much as you can learn from your own mistakes, you can also learn from another persons mistake. Budman has some really good advices for any novice trader.

I also recommend starting off with 1 or 2 contrracts. Trading is a business and a skill game. During the bubble, no skill was necessary to make money. But with current market conditions, this is the true trading arena. Master the skill or you will lose.

Good luck on your journey Andrew. Most traders have been where you are. Those who climb out of it are the traders that will make it in this business.

Reply With Quote