Step 6 - Trade Competently!
Obviously, this is the ultimate goal of traders and investors alike.
It never ceases to amaze me at the horror stories published about
"unsuspecting" investors losing it all due to bad advice.
We advocate that you trade your own funds and be willing to risk
losing all of your money. Every trader has losing trades. By the
time you've completed this course and the demo trading practice,
you should be able to minimize your losses and have more consistent
trading, but there are no guarantees that you will make money.
There will be an occassion in which a new trader will decide that
they don't want to make the effort to trade. They should be open to
the opportunity to start a managed account and allow a seasoned
trader to trade on their behalf. We recommend however, that
you research your options to protect yourself from someone taking
all your money by opening a segregated or PAMM account (one that
prevents your money from being withdrawn from your account by anyone
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