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Wednesday, March 25, 2009

Q&A with Charles Kirk (The Kirk Report)

Trading Edge magazine recently interviewed stock trader and blogger, Charles Kirk, of The Kirk Report for an upcoming print feature.

Of course, The Kirk Report is one of our regular reads here at Finance Trends (see our sidebar blogroll for more), and a popular destination for many traders and blog readers.

For those who'd like to know more about Charles and his thoughts on trading and blogging, check out this excerpt from the Trading Edge Q&A:

"Q: What would you say are the most important considerations for those thinking of going full-time?

A: First of all, don't do it for the money or because you don't like to work hard. Because of my website, I come into contact with many people who see trading as a way to get rich without doing a lot of work. That's simply not possible no matter how smart or skilled you may be or what trading strategy you discover and/or develop. Trading successfully requires diligence, dedication and determination and it is not a career for the lazy or get-rich easy crowd.

Second, the key is whether you really enjoy the trading process and challenging yourself on a daily basis. This is not a career for those who don't enjoy research, statistics, objective critical thinking, and testing/evaluation..."

Read on for more trading wisdom from Charles Kirk.