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Four Multi-Millionaire Traders Share Their Thoughts On Trading

number4“The key is consistency and discipline,” says Richard Dennis who grew $400 into $200,000,000.

“The key is consistency and discipline.  I don’t think anybody winds up making money in this business because they started out lucky.”

For legendary trader Richard Dennis, the importance of being consistent isn’t just theory.  In 1984, on a bet, Dennis trained 23 individuals off the street to religiously follow a set of trading rules.  His point was to provide that discipline was the key to trading success.  All but 3 of those beginner traders made over 100% return their very first year of trading and Dennis won his $1,000,000 bet.  Consistent discipline is also what is taught in the “Futures in Motion” advisory service.

“It’s perseverance” declares Tom Baldwin who started with $25,000 and made untold millions trading upwards of $2 billion dollars a day in T-Bond futures.

“It’s perseverance.  You don’t need any education at all to do it … because it is like any job.  If you stand there long enough, you have to pick it up.” (more…)

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