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Re: Intitial Trading Methodolgy



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Anthony,

  you made yourself clear, and everyone in their own way said the
 same thing.

 this trading game is as personal as choosing a wife, what works for
one, doesn't work for another ( for many reasons),  and you ain't
gonna know your style till you try some, if your well margined, then
LW and his hot-line might not be a bad starting point, as with all
the GURUS and their hot-lines, but if you buy into the under 5K, account
and turn it into a million followers, well the "odds" are is that you will
be disappointed.

 you are already on the right approach by taking your time,
 but at the same time, you wont know till you do it, and if you wait till
 you think you know it all, well , one would never trade period.

 also a few quotes from some successful traders,

  >" this isn't rocket science",
 > " there is a lot less to trading then people think",
 > " its not what you do with the winners, its what you do with the losers",


 so to sum it up, I think for most, it is all about trial an error,
lots of time , and money spent,  more so before the internet,
 and all these trading sites, , one really good thing about this list
and others, is that " we the people", can know band together, and
find out if the "glossy ad", is B.S. or not.

 good luck / Ted



> >>
> >>Well,  apparently I didn't make myself very clear.
> >>
> >>I was not saying that I was gonna just blindly take the Money Tree and
> >>trade
> >>it until I lose loads of money, then move on to the next trading
> >>methodology.  As a matter of fact, I am in no rush to trade.  It will
> >>probably be years before I do any actual trading.  I look at it as right
> >>now
> >>I am getting my "education".  It takes 6-8 (or longer) years to be a
> >>doctor/lawyer/etc.....so why shouldnt it take as long to be a
> >>professional
> >>trader.  I've been studying hard futures trading for about a year.  Not
> >>only
> >>Money Tree but many other books as well.  I've seen many different
> >>trading
> >>styles from systems, to commercials, to day trading, to discretionary,
> >>etc.......What I was confused about was where does one begin to pick a
> >>trading style?
> >>
> >>What I was saying was for all you trading guys out there who have had
> >>success...exactly how did you find your trading style?  Was it by
> >>trial-and-error?
> >>--
> >>Anthony
> >>
>