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Re: Hilander post# 115

Saturday, 02/10/2007 9:03:32 PM

Saturday, February 10, 2007 9:03:32 PM

Post# of 440
Ad1, PAPER TRADING:

OK, now its time for you to set up several paper trading accounts for your family members and show them what you learned. By setting up free paper trading accounts, you can have competitions with your son or daughter. Have them paper trade until their confidence level is high enough so they can then risk your money. Who knows, maybe they will make enough money to put their way through college? I would think with the proper coaching, a high school kid could make enough money to go to any college they desire or take a European Trip or whatever they choose. After all it will be their own money they will be spending after they pay off the money they borrowed from you. Give'em a carrot and see if they bite it? It would be a tempting reward to offer your kids. Make them earn their own money! I would if I had kids. To temp your kids, tell them everyone you know makes mistakes, but only the fools make the same mistakes twice.

Have fun and happy trading!

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Beware Bull's Ready to Run - Before investing $ do your own dd. All posts are my opinion.

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