Tuesday, April 12, 2011

Mailbox

Don,

Major retail brokerage outlets offer reliable and competitive electronic platforms.

Day trading which is based on turnover can be difficult to control. Great profits are rarely found down the path of heavy turnover.

Investing takes discipline, creativity and some enhanced Street IQ. Success cannot be achieved in one, two, three, even four attempts. The transition from weak to strong handed investor can only be achieved by turning failure into success. Learn from Jim. He’s one of the best.

It takes a lot of work to get off the grid. The work will be rewarded if the grid falls apart. The trick to self-reliance is maintaining balance between protection and profits.

Regards,

Eric

Hi Eric,

What's a good way for a poor man to place a bet on futures and ETFs? Do
you know/like any alternatives to Ameritrade?

Is daytrading the only way to profit from Jim Sinclair's gold angles? (It
seems that I spent too much time "going off the grid" and not enough time
profiting.)

BTW, this is my second attempt at trading. It's steep learning curve and
constant vigilance turn me off. It's just not much fun fighting ruthless
quant computers. My plan is to study Sinclair's compendiums, read the
suggested TA books, and get back up to speed.

Thanks.

Don

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