Never Gamble

One of the primary axiums in trading is, "Only trade with monies you can afford to lose."  Many prople make the mistake of using their savings or their kid's education money to get started in trading.  You might as well take that money to Las Vagas and play the slots.  You have better odds in Las Vagus than you do trading in the stock market.

When people start trading without first taking a course in "How To Trade Without Losing Everything" they end up losing everything.  It's all too easy to open a low budget trading account with a cheap on-line broker and then start trading.  It's gambling fever all over again.