Trading is probably the last true bastion of capitalism where the 'average Joe or Jane' can still take a small amount of money and build wealth. Recent advances in electronic trading have leveled the playing field even further for the average trader. There are, however, a few things you need to know before you get started. Many are axioms of trading wisdom that deserve consideration: 1) The typical trader fails within the first year of trading. Many fail sooner. The commonly heard statistics suggest that 90% or more will fail at trading. These statistics should immediately tell you that in order to succeed, you must ... (full story)