This is sufficient, if an only if you posess the capacity to actually learn from your experience and posess the balls to act on it.
Here is an interesting old article and still relate today: http://articles.latimes.com/1986-10-28/business/fi-8124_1_compulsive-gambling He claims that 1% of the traders in the commodity futures pits in Chicago have acknowledged that they are compulsive gamblers, but he added that there are probably a lot more who are not ready to admit it. Gamblers will always lose. Those who achieve higher education have the shot to become a successful trader. IF MIT BlackJack team makes a millions beating the house, so can u. More than 90% of small traders lose. They just lose!
Here is another interesting article: http://articles.chicagotribune.com/...onnor-20110119_1_cboe-edmund-o-connor-trading Among all of the firms founded by the O'Connor brothers, O'Connor & Associates is the most revered. Notoriously secretive, it pioneered the use of mathematical models to guide trading decisions. Higher Education!
Compulsive gambling is the uncontrollable urge to keep gambling despite the toll it takes on your life. If you're prone to compulsive gambling, you may continually chase bets, lie or hide your behavior, and resort to theft or fraud to support your addiction. Compulsive gambling is a serious condition that can destroy lives. Although treating compulsive gambling can be challenging, many compulsive gamblers have found help through professional treatment. terrible terrible disease. Don't forget, many elite members, twitters members, and stockwits claim to be a successful traders "you may continually chase bets, lie or hide your behavior, and resort to theft or fraud to support your addiction."
I admit, atm, i am part of the 95%. 3% drawdown so far stemming from start of Nov to present date. (up about 30% for year though )
The reason you guys are the 95%, is so very easy to predict! You don't care about protecting yourself. 1. You don't care if you lose 10% of your trading account in one day. 2. You don't care to lock in profit you made during the day. 3. You don't care if you over trade as long as you get back what you've lost. 5. You don't care to have an exit point and be satisfied with todays profit. 6. You don't care about pain when the market is squeezing you. You just don't care, otherwise you would not be part of the 95% crowd. You definitely need protection and I recommend you start today! Join the 5% crowd, the sun is always shining on this side of the fence. Protect yourself guys! Click here! To get the protection.
Here is an example of Mathematics with Computer Science undergraduate degree: http://www-math.mit.edu/academics/undergrad/major/course18C/ Required Subjects 18.03 or 18.034 (Differential Equations) 18.06, 18.700 or 18.701 (Linear Algebra) 18.410J (Design and Analysis of Algorithms) 6.01 (Introduction to EECS I) 6.006 (Introduction to Algorithms) One Subject from Each of the Following Pairs 18.062J (Mathematics for Computer Science) or 18.310 (Principles of Applied Mathematics) 18.400J (Automata, Computability, and Complexity) or 18.404J (Theory of Computation) 6.005 (Principles of Software Development) or 6.033 (Computer System Engineering) Higher Education is the key to become a successful traders. Fail to understand mathematics results to: More than 90% of small traders lose! They just lose!