Advice to a Finance Student

Here's my advice to a young finance student who contacted me from Nairobi, and who wants to learn how to trade the money markets:

Advice: trade the markets. Put capital at risk, no matter how small. Feel the profits and losses in your gut. Lose sleep. Analyse your trades. Don't risk more than 10% of your capital on any one trade. Live cheap. Work with a senior trader, even if he treats you like rubbish. Learn technical analysis. Stay away from the sharks, like the guy you just mentioned. They just want commissions. 

 And don't get married until you can afford divorce:) Regards, LJ