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Re: neheth post# 194411

Monday, 04/12/2010 6:45:12 PM

Monday, April 12, 2010 6:45:12 PM

Post# of 319093
Hi Neheth, I think your answer can be found in what others have said: that after you learn the methodology, it's recommended you paper trade until you are comfortable. That automatically says to me that the student has more learning to do and you don't want to blow out your account on the first day. That means that you have to work hard to understand the entire picture before you can go live with money trading. You have to learn how the F is trading for that day, how it relates to the chart indicators that you have learned, and other factors that the Monkster has taught you. I think it's imperative to have that mind set so that you can optimize your learning, have realistic expectations in the beginning, and build your skills to the point that you don't need to work for an employer in the long run. Also, I think a sound, unemotional mind, with constructive expectations sets you up for long term success. So the bottom line is that you need to crawl before you walk, walk before you run, and run before your sprint. Full disclosure: I haven't attended a Monkinar yet, and might be able to attend the Atlanta session. Of course I'm older so I'm more cynical and set my expectations low to exceed them later.

BTW, I hope I haven't crossed the line, not being negative but realistic IMO.

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