a reader's request, page-7

re: a reader's request Still trading them moon beams yogi....must work cause your still around....hope its going well..been fairly tough trading of late...market seems fickle.

Unfortunately newbies getting burnt is just part of the business...i have seen statistics that compare trading to starting up a business.
Roughly 50% get wiped out after the first year...20% the next year...15% the year after...and by 5 years only a small portion remain.

If you can stick it out for 5 years and learn good money management you're on the right track and will do ok.
We are all here to make money...many want to take money off the newbies...i hope to take my money off the institutions and directors but i think that rarely happens...so unfortunately i think most my money is made from the losses of new traders...though i was one of them once.

as ned said such is life