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Simple formula for success
Start as a young person doing odd jobs.
Study trading and investing, starting as young as you can.
Save your money.
Go to college.
(that's gonna cost money, so pick a major where
you'll be able to pay back any college-related
debt before you're old)
Do odd jobs between college semesters if necessary,
whatever it takes to earn a good degree.
Keep studying trading and investing.
Learn about multiple financial markets.
Invest/trade in long-term and short-term timeframes
using demo accounts.
Spend more time studying trading and investing than you
spend drinking with your friends and trying to pick up
girls.
Enter a career field after college.
Keep refining your ideas about trading and investing.
By now you should at least be contributing to some
kind of retirement plan and be testing the waters
via mutual funds and maybe individual stocks.
Work your tail off for, oh, a decade or two.
Resist the temptation to waste all your money
on the biggest house and most expensive cars
you can afford.
Save more money.
Maybe get married and have kids, but this is optional
of course. This will round you out emotionally, if you
let it.
Save more money.
Spend more time trading forex or some market(s) of
your choice.
Save more money.
By now, you will be in your mid forties or so, confidently
trading and investing in such a way that you will probably
be able to retire soon.
Save more money.
Never, ever give up.
Save more money.
It's easy. It just takes time.
But coming on a forum, ga-ga eyed about the possibility
of turning $100 into $100,000 in a few months, looking
for a system that will make it happen with little or no
effort?
Put that idea out of your head right now. Not gonna happen.
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