This what I am about to write here is interesting and speaks to why some people get it and others donât. I am a successful day trader. Well I keep company with bright people, all academics, realistic men of hard work and discipline. So they approach me asking to learn how to trade successfully. Me being a decent guy decide to point them in the right direction. First I tell them read fully Reminiscences of a stock operator. Several times if need be. Second I tell them completely ignore all public indicators, focus only on studying price support and resistance, you only need trend lines. Third I tell them, ignore news completely, news trading is unnecessary And finally, I tell them, pick an instrument, pick a smallest lot or contract, and trade everyday, practice makes perfect. Out of 4 academic friends who wanted to learn to trade. NOT ONE COMPLETED TASK NUMBER 1 Point is, if you do not have true interest in trading, the kind of interest that keeps you up at night. Just pick something else to do with your life.