When I first started trading, I asked trader extraordinaire, Gary B. Smith, what I needed to succeed in trading? After a few e-mails concerning trading methodology and money management, he gave me The Answer. To succeed and give yourself enough time to “learn how to tradeâ€, you need
An additional source of income.
A large nest egg that can handle the kids’ college education and other big outlays.
A supportive spouse, friend, partner or significant other.
And twice the amount of starting equity you think is necessary.