If you're young, pay attention to Madoff.

Quote from trendlover:

It is different because the golf professionals make money with no loss, but still try to make more. With a trader, if they make money, try for more money, they risk the money they make already, true? Risk of losing all when they try to make more.

True trading has risk of outright loss. But still, 99.9% of golfers will lose money at golfing because of course fees, memberships, kit, clothes etc. Most traders start with a few thousand up to 20-30k and lose it all. I bet most golfers lose at least that on their hobby. And the top traders make more than the entire PGA combined.

Also, top traders are profitable not loss-making. They have an edge and generally make more $$$ than golfers or other athletes.
 
Quote from Humpy:

No no no no not so !

Once you get to the stage that you can consistantly make money out of the markets it's time to exploit your edge and continue year in year out making a good and easy living. All the hard work and grief is behind you. No need for fraud etc.

Its all about turning "That Damned Corner" into profitability

I love learning new things to appreciate what novices at anything go through. A long time ago, I taught myself how to juggle. First thing I learned, don't use balls, use bean bags. 30 years later, no practice, i can still juggle. But the frustration will humble you to no end. So, if you've mastered the trading learning curve, run with it. It is truly priceless.

Even if you were to start a charity, and have a new goal to kill it, do it. BTW, not everybody can learn to juggle.
 
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