What to tell family/friends?

everytime one of my friends asks me to teach them i tell them just read these books(like 1 or 2) then come talk to me so you have some understanding of what i'm gonna show you.....thats where it ends :eek:
 
Quote from fedge:

What do you tell family and friends when they ask you to teach them how to trade?

Say I dont know. Seriously, what exactly do traders know except reacting to the fact?
 
TELL THEM WHEN U MAKE UR FIRST 100,000........U WILL KNOW WHAT TO TELL THEM ......UNTIL THEN IT IS THEIR LOSS TO TALK TO U AND ENEMIES FOR LIFE WHEN THEY LOSE BASED ON YOUR ADVICE.........
 
same here-- i tell them to buy the spy and don;'t look back. i never give stock advice for trading -- that's just too loaded.
 
Quote from Drock409:

buy the SPY and DIA and dont look at your account for 10 years


Thats not trading.

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If anyone asked me to show them how I trade, I would gladly do it. I'd teach them my strategy, then tell'm to paper trade for a while. If they lose 1000's of fake $$$, who cares, and just maybe they'll appreciate the difficulty of our job.
 
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