My friends used to laugh at my obsession with the markets. I had a full time job but every spare minute was spent swamped in the markets. Newsletters, bulletin boards, books, courses, software, data services, tips and more. Oh man give it a rest! I was working full time just to pay for all of these.
If it moved I traded it - up and down, back and forth, stocks, futures, options - I just couldn't give it up. And the trading results? Well if there had been an award for the world's worst trader, I would have scooped the prize annually.
Week after week, month after month, cash was draining from my account. In fact I was only days from being forced to quit trading altogether as my account was nearly dry. The gut-wrenching feeling in the pit of my stomach was an almost permanent presence. Do you know the feeling I mean? The stress was unbearable.
But then one day it happened, I remember it clearly... a trading friend telephoned almost bouncing with excitement. He told me he had just read a trading book and that I simply must see it too. A skeptic, after all these years of disappearing cash, I'd heard it all before but took the plunge anyway.
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