Bird Watching in Lion Country

Joined: 06 Jul 2008 Posts: 1

I have recieved your first Eduletter. My plan is to open an account with $2000 sometime before 2008 is over. I already have the money set aside for this endevour. But I am waiting until I am certain that I can do it. I am not looking to be a miracle millionare. I am simply tired of getting less than 20% returns per YEAR.

Your first eduletter discusses the fallacy of using low margin trades. Will my $2000 account be enough to get my feet off the ground? If it isn't, even with your help, then I need to walk away now, because I am not willing to spend more than the $2000 initially.

I will be doing some math on mini lots and leverage to see how it comes out using your first eduletter as a guide. (I havn't bought the book yet) But I'd like your direct opinion, too.

I certainly don't want to trade like the losers.

Joined: 09 Jul 2008 Posts: 2

well forex market today showing some resistance so u might wait for some more time