This article was posted on Wednesday, 15:30, UTC.
A recurrent theme in the queries put before me is how best to become wealthy by trading. We all want that of course. But if it was easy, every trader here would be wealthy already. The question I am asked is: “Can it be done if one starts small?” IMHO it can be done and the best way is to just focus on doubling. Doubling a trading account is not all that difficult, particularly in a bull market, if one is not too greedy and thereby making stupid mistakes that cause him/her to give their wins back to the market…
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Jim has an MBA from the University of Southern California. He has had a long career in both Corporate Finance and IT. Along the way he discovered that trading was a vehicle with great promise, but struggled for a long time without a mentor. After having been knocked down many times and having struggled to get back up, he had an epiphany and realized that geometry was a solution. He shares his experience here.
If you do well as a result of suggestions made here, feel free to say thank you :)
Follow him on Twitter (@jimfred1276) or email him at jimfred1276 at gmail.