A long flight gives Jason Shapiro the time to do some thinking about his journey as a trader:
I have been involved in investing and trading the global markets for 18 years now. I’ve really never done anything else, never wanted to do anything else, and through thick and thin, which included more than one trip to the welfare line and some really cool sports cars, never tried to do anything else. For at least seven of those 18 years the money I have been trading has been 100% my own, and for many of those years nearly all the money I had. This has given me a different approach from most, since trading other people’s money while earning a 2% management fee or while taking in a nice salary while you hope something good happens can give a level of comfort I was not blessed with coming out of the gate. Whenever someone asks me how to learn to trade my response is that it’s easy to learn — take every dollar you have, put it in a brokerage account, put it all on the line, and I promise you will learn very quickly how it works. I don’t mean to be glib. It’s just that this is exactly how I did it so I know of no other way.
From Daily Speculations, my favourite web site … okay, second to Google.