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The Gold Mine

The Gold Mine
There is a gold mine in this country and it is available to anyone who wants to go in and help themselves to it.  This gold mine is located in Manhattan NY.  The gold mine I speak of is on Wall Street and it is called the U.S. Stock Market.  It opens its doors every day and invites us all in and we can leave each day with as much cash as we want to take from it if we can.  That is it; we can literally go inside the stock market everyday and walk away with a fortune if we want to.  So why don't we It sounds so easy to do and they the stock market are so willing to let us do it and yet some cannot consistently do it each day.  It is much easier said than done.  Looking at the above paragraph on earnings reminds us that trading stocks is probably the hardest way to make a living and probably one of most stressful.  It takes time patience and persistence.  With hard work anyone can do it. 

The Big Money
A doctor goes to school for 8 years before he can treat patients and make the big money.  A lawyer goes to school for 8 years before he can defend O. J. Simpson an alleged murderer and make the big money.  A professional baseball player has played baseball all his life and practiced many years before he gets to the big show and makes the big money.  Why do so many people think that they can just walk into the stock market and make the big money without first paying their dues and learning the profession 

Just like the casino's in Vegas sometimes the odds are stacked against those naive investor's that choose to be in the stock market without learning first.  Somebody who has never been to a casino before will probably lose their money as does the new investor or trader.  A professional gambler makes money because he has taken to time to learn the business.  He can beat the casino at will and the professionals on Wall Street can do the same they beat the market at will.  It took many years for the professional gambler and the professional stock trader to get to the point where they can beat their opponents at will. 

A doctor lawyer or baseball player may be good at what they do and have money to invest but it does not mean that they will be successful in the market.  The best thing about the stock market is when you do finally get good enough to make a living you know you will be a trader for the rest of your life.  The other professions that I mentioned do not carry with them this security.  A doctor can be sued for malpractice even if they did nothing wrong.  A professional athlete gets too old to perform; the professional gambler gets kicked out of the casino and banned for life if he gets too good.  You are never too old to trade stocks you will never be sued for winning a trade and no trader has ever gotten kicked out of the stock market for being too good.





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