My 1st Million At 33 – yes, you can do it too

Here are two of my most favorite trading stories about traders from my recent readings. You really got to check them out. It’s such a learning experience.

1. Two stories from the confession of the best breed of trader, Todd Harrison, the founder of Minyanville, and the manager of a hedge fund:
Dark days happen to the best of us and Stay humble or the market will do it for you.

I get the best of readings and also market directions from Todd Harrison at Minyanville. He is an astute trader. As I have always believed, the only way to success (trading success or portfolio management success) is to learn from your own mistakes. Why am I glad that I lost 40% in my first year in the stock market? Because the experience humbled me from the very start. And I know so well that I will be humbled yet more. The only way to become better at it is to learn from your trading/investing mistakes.

2. And here is the most hilarious video for this week. Jim Cramer caught on the tape, from bigpicture.typepad.com. Don’t believe everything that you hear on TV. Cramer is simply more into media (TV or book or website) than into trading when he talks. I would rather take advice from other places.