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On a side topic, WHAT IS OUR PROBLEM (as humans) WITH WANTING EVERYTHING FOR NO EFFORT.If you want returns without trading, go with a managed fund. You face the risk of it being a ponzi scheme. Eg Madoff.If you want to trade, read a load of books, talk to people, create methodologies or systems and backtest them, and prepare a load of money to lose on failing.You can do anything in this world, and you can start trading with 5k. Just expect to lose it all. Probably a little extreme to start in futures, but it can work. I think any futures trader who can live off it will tell you that they started in shares or to advise starting in shares. Futures are levereged. You can lose 20k if you cant take a loss, and its pretty damn hard taking a loss early on.To cut that short, seminars are for added education, and you need to look for people that are trusted and good sources of information. Usually good for them to be traders too. If they are not traders, its all bollocks.On the topic of seminars, I was invited to a seminar a few years back ran by CMC markets, which was a load of fun. I swear the guy who ran it never executed a successful trade in his life. He sure rammed in using stop losses though (so that CMC's spikes take out all those people in the room in one decent move).
On a side topic, WHAT IS OUR PROBLEM (as humans) WITH WANTING EVERYTHING FOR NO EFFORT.
If you want returns without trading, go with a managed fund. You face the risk of it being a ponzi scheme. Eg Madoff.
If you want to trade, read a load of books, talk to people, create methodologies or systems and backtest them, and prepare a load of money to lose on failing.
You can do anything in this world, and you can start trading with 5k. Just expect to lose it all. Probably a little extreme to start in futures, but it can work. I think any futures trader who can live off it will tell you that they started in shares or to advise starting in shares. Futures are levereged. You can lose 20k if you cant take a loss, and its pretty damn hard taking a loss early on.
To cut that short, seminars are for added education, and you need to look for people that are trusted and good sources of information. Usually good for them to be traders too. If they are not traders, its all bollocks.
On the topic of seminars, I was invited to a seminar a few years back ran by CMC markets, which was a load of fun. I swear the guy who ran it never executed a successful trade in his life. He sure rammed in using stop losses though (so that CMC's spikes take out all those people in the room in one decent move).
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