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27.04.2014 admin
Almost all traders have a career as a business owner or employee before they become a trader with a large account or trade for a living. I have seen so many people buy a house where they want to live and then commute by car to where they have to work. For traders picking your life partner can have the biggest impact on your ability to ever trade. You have to resist the urge to spend your trading capital when it is small so it will be around to compound.
If you ignore the 1%  maximum trading capital lost per trade then you will blow up your small accounts over an over.
Getting to a meaningful amount of capital to trade with means we have to make a long string of good decisions to get there. After a lifelong fascination with financial markets, Steve Burns started investing in 1993, and trading his own accounts in 1995. Make you own custom worksheets with long vowels.  Fun Fonix worksheet makers have spelling worksheets, read and choose worksheets, word bank worksheets, spell and write worksheets, bingo, and more!

You are free to use any resource from this site as an end user and MES grants you a free End User License. It is crucial that a trader work very hard at something initially and build value there so they can get paid enough money for their work to have the ability to save some of it. The expense of gasoline can be a huge drain on your personal finances if you have a long commute while you are an employee.
If you do not have a supportive spouse then you will not be able to trade, if you have a spend thrift spouse they will convert your profits into consumer goods quicker than you can make them. I know of many people when they were young that when changing  jobs they cashed out their tax deferred accounts and took the penalty hit and tax hit then spent it when they were relatively young.  I told them that they could  turn that 5 figure account into a six figure account given enough years of compounded returns but they spent it. If you think that the 1% rule is too small and you want to risk losing more than that per trade then the problem is not with the rule it is due to the fact that your account is just too small and your account needs to get big enough where the rule gives you a meaningful amount of capital to risk. Most traders have already proven their ability to manage their mind, money, and methods to build their trading capital to begin with most that come into their capital too easily don’t keep it for very long trading. All resources are the property of Fun Fonix and anything made with Fun Fonix clipart remains the property of Fun Fonix.

If you can’t even be a top notch employee first and learn some valuable lessons then you have little chance of being your own boss as a trader.
If it is possible it is very beneficial to live as close as you can to your job so you don’t burn all your potential trading capital in your gas tank. You may not save, redistribute, copy, modify, transfer, transmit, repackage, charge for or sell any of the materials from this site. Fun Fonix reserves the right to terminate or make changes to this agreement for any reason and without notice.

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