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Re: Need Advice...



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Congratulations Jawad! I did the same thing last year during the "Beans in
the Teens" run up in the Soybeans market. I am a novice who caught a ride on
a market that was going up. There is a Market adage " Don't confuse a Bull
Market with a You being Genius " And that was true. I Made $50,000. in
Soybeans starting from April 97 until the market turned around on me. I did
not know what to do! The market turned on me and I was lost with out a plan.
Caught up in the heat of my EMOTIONS and I lost a large portion of that
money back to the Market!  My advice to you would be to start now and draft
a "When the Market Turn Around; This is what I will do this Plan" and then
stick to it!

Happy Trading Kid and STAY IN SCHOOL!

The Market is for the smart not the dumb!

----- Original Message -----
From: jawad <jawad777@xxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Sent: Friday, January 15, 1999 7:41 PM
Subject: Need Advice...


>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
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