"14. The average trader who is persistent and lucky enough to eventually become a profitable trader regularly will first lose $20K - $30K in the markets and spend another $10K on books, lessons, eBooks, subscriptions and software. The rest will perish somewhere along that path."


That is Stupid. Totally Stupid.

A guy that lost 1k on forex for the real market can never be or become a trader.
That is why the demo accounts are. If you can't have satisfactory results on demos or backtests (using just for logic fixes, not real performance expectation), why "learn on the real market"?

lol

Also, Internet is free. Just use that with care and you won't have to spend 60.000 dollars with such bullshit.

lol 60k dollars...

I am almost done with my strategy for Forex and haven't spend a miserable penny, except for the ISP and electricity bills, photocopies and such.

I may be wrong, but... lol 60k dollars... It's very "I-am-not-a-trader-at-all" thing.