Let me tell you a story of Jim. The Undertakings Jim is a technician.  Jim started trading in 2007. Within 2 years of this trading (2007-2008), Jim made great losses. A very depressing period for him. He lost almost all his savings ($60,000 worth of losses) that he has saved up for the last 6 years. He almost wanted to give up and he wanted to look into other areas to make back the money. Fortunately, the numerous failures did not force him to give up. Instead he continues to persist on because he believes in his decision to become a good trader in the market and to establish another channel of cash flow for himself. His age is catching up (almost 50) and without a good academic degree, he would not be able get another job with a reasonable salary...