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Re: Need Advice...



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> Jawad wrote:
> >I am 16 years old and over the past month i have made about a 700%
> >gain.  I started with 3,000 dollars and now i have over 21,000.  My
> >question is Can i Make this  kind of money every month?  I am a junior
> >in high school and i am a straight A student, but this makes me think,
> >why am i working so hard at school when in the end all it is for is
> >money.  And when money is so easy to make, why should i work so hard?
> >Is this kind of money making unseen or is it a usual occurance?
> >Thanks,
> >Jawad
>

Dear Jawad,

I will let others who are more qualified than I respond about trading -
I've been trading only since 79 and daytrading the S&P full-time only since
85.  I do believe I can speak about going to school, however, as I've
received 27 years of formal education, have two doctorates, and have taught
at the university level.

You state "why am i working so hard at school when in the end all it is for
is money."  I respectfully suggest that at least in my experience, "getting
an education" has little, if anything, to do with preparing oneself "to
make money."  There are many who have gone to school at lot and have little
money.  There are many who have gone to school only a little if any and
have lots of money.  And there are many, many in between.

Congratulations on your success, both in trading and in school.  I hope
that you will reconsider your reasons for continuing to put your energy
into both pursuits.

Sincerely,

Richard