Most Novice E-Mini Traders Don’t Care to Learn to Trade – They’re Interested in Making Money

The institutional trading firm where I worked spent several years and tens of thousands of dollars teaching me to trade. Many of the new traders I come across are motivated by over-hyped claims of fast money and untold riches. Several weeks ago, I had a potential e-mini trader ask me if «he would make enough money in the first year to buy a Porsche.» I told him the probability of that happening was very low, and he replied that «he would find a teacher with a higher upside.»