If you're young, pay attention to Madoff.

Discussion in 'Psychology' started by flytiger, Dec 13, 2008.

  1. Cutten

    Cutten

    True trading has risk of outright loss. But still, 99.9% of golfers will lose money at golfing because of course fees, memberships, kit, clothes etc. Most traders start with a few thousand up to 20-30k and lose it all. I bet most golfers lose at least that on their hobby. And the top traders make more than the entire PGA combined.

    Also, top traders are profitable not loss-making. They have an edge and generally make more $$$ than golfers or other athletes.
     
    #121     Apr 19, 2009
  2. I love learning new things to appreciate what novices at anything go through. A long time ago, I taught myself how to juggle. First thing I learned, don't use balls, use bean bags. 30 years later, no practice, i can still juggle. But the frustration will humble you to no end. So, if you've mastered the trading learning curve, run with it. It is truly priceless.

    Even if you were to start a charity, and have a new goal to kill it, do it. BTW, not everybody can learn to juggle.
     
    #122     Apr 19, 2009