Is it even worth the effort to learn how to trade?

How many years of living expenses, would you guys consider as sufficient capital?

Forget it, and don't get sucked in like the other fools!

When you have spare cash, put some aside and start to trade with small risk until you are satisfied that you can now clearly see that most of it is just hype.

Never risk more than 5% of your total cash, no matter what any fool tells you, and never ever risk more than 1% per trade max, until you know what you are doing, and more importantly, are able to do what is required.

As for the option gurus, forget about them, as most of them are in the industry and have no choice :)
 
I propose that from now on everybody who wants to trade first sends a detailed description of what he wants to do, what his education is, his financial situation... to Marketsurfer or one of his aliases.
He will then receive a confirmation of what these crusaders think he can trade.

The same procedure should be followed if you want to:
  • take a loan
  • pay back a loan
  • buy a house
  • sell a house
  • get married
  • get divorced
  • buy bread
  • go to café
  • go to sleep after 10PM
  • post on ET
... in short never do anything without first asking their permission.

Sometimes I think this site is a kindergarten in which some people think they were chosen by God to protect people against themselves.
Maybe people should be protected against these crusaders.
 
How many years of living expenses, would you guys consider as sufficient capital?
Actually you will be much better off if you don't need your trading profits to put food on the table - For many, trading without pressure allow for better judgements and therefore better results.

That means, you trade OPM, i.e., you are a professional trader, or you have a day job and trading on the side, or you already have enough money and trade because you like the challenge. Folks that start out under capitalized and need the profits to live are at a disadvantage in my non professional humble opinion.

Good luck.
 
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