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3 Big Aggravations You Shouldn’t Tolerate

The first (and in some ways, the most irritating) is knowing that there are people making it in trading, and they aren’t half as smart as you.

– They haven’t put in nearly as much effort as you.

– Haven’t sacrificed as many evenings or weekends that could have been spent more enjoyably.

– Haven’t tried nearly as many systems or strategies as you have.

– And yet, they’re making money, relaxing when its time and feeling pretty good, while you’re still beating your head on the rock and bleeding, and not getting nearly as much good sleep as you’d like.

The second is knowing that there are plenty of trading strategies and systems that are readily available to you, but you don’t know how to find them, and even if you did, you don’t have a process to know if it is one that would suit you well and actually produce the way you wanted

Well you could find out by just going ahead and trying it, but that kind of stinks too, huh?

And it doesn’t help that it seems like every Tom, Dick and Harry has a system for sale, with everybody and their brother sending you emails promoting it.

Same problem:  “Does it really work, and even if it does, would it work for ME?”

No method to KNOW without trying it. (more…)

Top Ten Reasons Not to Trade– and Why You Should Do It Anyway

#1 Trading creates no greater good
– like when you buy grain futures, the price skyrockets, and you make a killing! A poor farmer plants more seeds as a consequence, third world children get affordable bread, hmm, did I say you make a living?

#2 Trading makes you selfish
– and that’s why filthy rich old speculators turn to philanthropy.

#3 Staring at screens all day is not healthy
– which is true, and why slow lunch hours are perfect for physical exercise.

#4 Staring at screens all day is not good for your social skills
– which is why traders are out having fun when the market is closed. (Don’t “normal” people spend evenings in front of the TV?)

#5 The market is a casino
– where scrupulous gamblers make it easier (and more important) for sane traders to make a living. (more…)

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