I was such a clueless loser in my 20's that any bit of sound advice would have helped. If someone had simply gotten me to get off the couch and turn off the television my situation would have improved dramatically. To advise a youngster today I would first find out what his bad habits are and tell him to stop indulging in them. I would then advise him to write up goals and a plan on how to get there and tell him to be flexible enough to change those plans if he's not gettig to his goal, (ie his trading/analysis methods). I would tell him there are some massive obstacles and problems on the road ahead and to have the patience and guts to get through them.