Quote from WinItAll:
DT3,
You're correct in what you're saying..... However you can learn the exact same information from some of the top traders in the world for a small fee each month via the internet. These sites have loads of instructional videos on every topic and have multiple traders in chat rooms all day every day sharing what they see. This type of educational program will benefit you far more than some power point slide show. And there are multiple sites like this where the traders teaching are consistent multi million dollar producers. So whoever is teaching you isn't putting up big numbers on a regular basis then you have to ask yourself if you're learning from the right people..... I'm talking about 5 digit profits on a day, not churning out a few hundred bucks.
The educational site that I'm refering to only charge a monthly fee with no bulk 5k payment and you can cancel whenever you want. For your leverage question, there are plenty of arcade shops that offer around two bucks per thousand, they are still charging double what they pay atleast, and as with most firms you can pretty much get whatever leverage you want as long as they don't think you're wild. A friend of mine that just quit his job to start trading went to an arcade style firm and got a 100% payout, access to the companies educational site and 25 to 1 leverage. Right now he's just trading 100 or 200 shares at a time and getting used to trading. I'll let you know how he progressesl
Not for you to risk sounding like a shill or spammer, but would you mind sharing the URL of a few of these sites that you mention as ET can be a little tricky to sift through the trollposts, haters, and otherwise waste of screenspace?
Thanks in advance