Dear all - I appreciate all feedback and suggestions on my questions and thoughts. Apologies in advance for the long post - just thought it useful to summarize my full situation to get best advice. For 5 years I have been interested in becoming a independent trader. I am drawn to the flexibility of lifestyle, not having a boss, having geographic independence and so on. I have read most of the classic books on trading, technical analysis, money management, psychology and so on. However, I have not executed a single trade, ever. From a theoretical experience I'm not a newbie but from a practical experience I am a total newbie. What do you suggest as a next step in my education/path to becoming a trader? I think I've done enough reading and need to move on to something more practical. Should I sign-up for a training class; or hook-up with a mentor; or start experimenting on my own? I am fairly comfortable with experimenting on my own though I am not sure where to start in terms of developing a trading system. Perhaps the practical experience I lack is what's preventing me from having practical ideas to build into a trading system. In terms of capital - I have around $300k in savings - yes I can lose all this money without impacting my life. I have read that insufficient capital is a problem for many new traders so am curious whether people think my capital is anywhere near sufficient. I guess it would be necessary for me to also state my goals, and please feel free to tell me my dreams are crazy or unrealistic if you really believe this. In about 10 yrs time I'd like to be making $1million/year as an independent trader. To get there, I'd like to gradually transition from my current career into full time trading, without experiencing a significant impact on my annual earnings/lifestyle. I am currently in a successful consulting career and I make roughly $200k/year and if I continue in my current career I'll be making roughly $1 million in 10 yrs. This career choice is relatively safe, and the probability of my achieving that level of earning within 10 years is fairly high. However, I absolutely hate what I do and I will not be happy if this continues to be my life. I am 33, single, no kids (that I know of), no mortgage or debt. Thanks in advance for all feedback, suggestions, and criticism.