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Re: Is Daytrading Right For You?
lol, Torero, You are one step ahead of me. that is why I said there is more on this post.
But, I have to said, understand in here means understand one's current status totally, then one can make a better choice.
for example: one might not have a problem, but do have limitation on an area. Or the problem can not get rid of, but can be contained. As one dig deeper, all of suddent, there are many many options.
In college, if one do not do well in math, he/she usually will not try to be an engineer or any major that requires a lot math courses. But he/she can still get an degree in other area.
I believe one who has better understanding of the complete picture, and know the necessary steps to take to get there is the one who will have better chance to be successful in life, not just trading.
The way I look at it is that trading is like getting a college degree. there are many courses that one have to learn and many exams one have to pass to move on to next class. Then when all is completed. You will be awarded with a degree.
But unless you get all completed, you will get none.
What makes hard in trading is that there is really no clear way to do it. No one is laying a course outline for you. You are pretty much on your own, and have to figure out every thing out yourself. And that is what makes hard in trading. So many options and one can easily get lost with all those choices.
I will discuss more in next post.
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