Quote from TraderZone:
You sound like the few who made it in the lottery - "works for me!" Unfortunately, it works for almost no one else. You cannot use yourself as a reason everyone else should pile in. The stats for the masses who trade is not promising.
Anecdotal evidence and testimonials is never a reason to do something.
Sounds like trading has gotten the best of you. I agree, trading is not for everyone.
I am not using myself as a reason for everyone else to pile in. I am simply recommending he weigh all options instead of taking the pessimistic opinions that a MAJORITY of traders make because they did not make it in the industry. That in itself is not the reason not to try if he has the means of giving it a shot.
If you think trading is like the lottery, PICK ANOTHER CAREER because you are in the wrong one.