DislikedI believe that he should aquire skills for a "traditional" job first so that he has something to rely on if trading doesn't work out, and that's just very likely.Ignored
DislikedNormally, you go to medical school, become a doctor and do this fo the rest of your life...or you learn to cut hair and become a hair dresser, whatever...I have not heard that 95% of hair dressers fail at running a barber's shop or that 90% of doctors go broke in the long run.
DislikedTrading skills cannot be used outside trading ( " look, I drew a resistance line, oh look, the MACD just topped").
DislikedWhat's wrong with studying the markets in the evenings, weekends, using playback to sim trade first. Then, if he wants to get seious, he can trade the Asian/European markets in the evenings/ during the night.
DislikedAs for trading skills being transferable...I don't believe it one minute. Most failed traders/layed off traders will be happy to drive a taxi or get a job in a bar.
DislikedI must admit I’ve been so focused on succeeding in this goal for so longIgnored