If you want to be a successful Trader, and you do not have any experience yet, then you have a problem. The problem is that there are not that many schools that you can go to to become a successful trader. There are no programs and schools like there are for athletes that you can attend. As a result, many traders end up failing. However, there are a few financial schools that teach trading. For such a school to be successful, it needs to have the following components.
First, there needs to be a structured curriculum. To see how this is necessary, take a look at how medical schools are structured. First, students learn about the science of the medicine. They then attend advanced programs that help them develop hands-on skills through observation and assistance. Trading schools should have various stages of development.
Another component can be taken from athletics. For athletes to be successful, they need to have a coach. Having a mentor and a personal trainer can help traders be successful.
Traders also need to be familiar with trading terms. For beginners, trading terms can be complex and confusing. A trading school should teach beginner traders all the various terms. Medical schools need to do the same thing with medical jargon.
Trading schools might want to consider only including qualified students who possess the skills to be successful. Alternatively, they can create separate programs for high-level students.
It is always a shock to the political and economic systems of the world when the United States government effectively shuts down. This has happened a number of times in the past when Republicans and Democrats could not get together to hash out a spending deal that both sides could agree on. Now, it looks like this very well may happen again.
Top Congressional Democrats Nancy Pelosi and Chuck Schumer have cancelled a scheduled meeting with the President reports CNBC. This coming after the President tweeted that he could not envision any kind of deal being struck between himself and the Democrats to avert a government shutdown.
The Democratic leaders who had the meeting scheduled with the President pounced on his words saying that they would just as soon meet with Republicans in Congress to work on a deal with them since the President so obviously did not see a way forward himself. They cancelled the meeting and presumably will try to meet with other Republicans in Congress instead.
The Federal Government is slated to run out of funds on December 8th. If the two sides cannot come together and get something passed, then the government will begin to shut down. In the past, the two sides have come together to pass what is known as a continuing resolution (or CI) to essentially punt the decision away to a later date. That could be something that comes up in discussion quite frequently in the coming weeks as the two parties try to figure out some plan that will work.