Your Questions About Successful Trading Plans

Maria asks…

I just want to become successful?

So i hail from Russia. Growing up in America for whatever reason has made me very ambitious in the past 5 years im turning 20 in December. I dropped out of high school because when i went to another school and returned my GPA dropped despite me having straight A’s in the other school. It was my senior year and i just said screw it ill get my GED. Well im starting community college in January. My plan in to maintain a 3.5GPA or higher as a full time student. I want to join the Phi Tetta Kappa chapter in my school. Then after 2 years I want to transfer toa university. A top 50 would be great i want to double major in finance/economics. I dont have ANY money right now. My parents spend all their money on bills and eventhough my EFC is high i still have to pay for school myself. I dont qualify for financial aid how am i suppost to afford 8K a year at CC then 2 years at a university for 40 – 50K a year. I need to go to DePaul in chicago its my Main Top Choice. Location location location its the trading MEGA of the US. i love to trade commodities and stocks its my thing i do it well. I eventually want to work at ahedge fund but im starting as a proprietary trader. Right now im reLearning Russian (language attrition) and ill be taking french in college. Im doing parkour and weight lifting to keep myself healthy and im reading like crazy im reading GReat trading books like ari kiev/ alexander elder/ the great traders stuff that can be used in trading to profit im learning great things. Ive been reading/studing/trading the markets for 6 years now ive enjoyed every minute of it and did well every year. So i just want to be successful.. btw i know my grammer is bad but i literally typed this verrrry fast.

John answers:

Aiming for a 3.5 GPA is low. You will be competing for admission to DePaul with kids with GPAs greater than 4. Talk to the financial aid office at your CC and find out about how eligibility changes when you turn 21. If you don’t mind graduating thousands of dollars in debt, there are always student loans.

Sandy asks…

I like so many things but I’m afraid of becoming a jack of all trades and a master of non?

Currently I’m in dental school, I’m planning on becoming a successful dentist, I also want to be a multimillionaire so I study investing and business(entrepreneurship) in my free time…..I’m cool with having these skills as investing entrepreneurship are more of a life style than skills, but the problem is that I’m also in love with game art so much( 3d character design) and the video game industry.

what should I do?

John answers:

There’s a lot of emphasis on “being something” in our specialised culture. The problem is that most people are narrow as a result, and don’t see the Big Picture.
There is nothing more important to you and your personalspiritual growth than knowledge.
An Eclectic…a Renaissance Man…that’s something to be proud of. Frankly, being a multimillionaire is a naive goal, partly because most people waste their lives reaching for the stars, and partly because in order for you to be that rich, a lot of people have to be made poorer.
So follow your interests, wherever they lead you. That’s how people find their genius and become something really meaningful.

Mark asks…

If you have direct knowledge of a reputable credit counseling organization, please let me know?

I recently discovered that my daughter has a huge, repeat HUGE credit charge balance, almost to the point of bankruptcy. I also know that the Federal Trade Commission has prosecuted many organizations which claim they can help and instead help themselves and the creditor ends up in worse shape than before.

PLEASE do not speculate. Only those who can recommend a successful organization who has helped with a Dept Management Plan that has actually worked,should reply. No BS.

I am Phil from Atlanta.

John answers:

Credit Solutions is one of the largest debt consolidation companies. This is not a small start up.

Jenny asks…


True or false:
#1 One of the measures the Republican Party forced through Congress in the early 1800s was the Naturalization Act.
#2 The Alien Enemies Act allowed the president to imprison or deport dangerous aliens in war time.
#3 Thomas Jefferson and Aaron Burr were candidates for president of the United States in 1800.
#4 In the War of 1812, the United States fought on the side of England.
#5 James Monroe coined the phrase “Era of Good Feeling” to describe his term as president of the United States.
#6 Chief Justice John Marshall’s Supreme Court decisions helped strengthen the national government.
#7 The Missouri Compromise of 1820 allowed Maine to be admitted to the Union as a slave state.
#8 Andrew Jackson replaced the Bank of the United States with one large state bank.
#9 Slaves were brought to the United States in the early 1600s.
Multiple Choice:
#10 A slave-trade cycle initiated by ship owners was known as:
*slave buying
*the Force Act
*the Atlantic Triangle
*hiring out
#11 A network of escape routes for runaway slaves was called the:
*Underground Railroad
*Atlantic Triangle
*Nat Turner revolt
*northern route
#12 Laws in the South which confirmed the belief that slaves were property and should be protected by the public were called:
*property laws
*slave codes
*civil codes
*rebellion laws
#13 The belief that the United States had a right to extend its territory across the country was known as:
*Manifest Destiny
*Monroe Doctrine
#14 A month after Abraham Lincoln’s election to the presidency, the state of:
*Virginia seceded from the Union
*Louisiana seceded from the Union
*Mississippi seceded from the Union
*South Carolina seceded from the Union
#15 One of the most successful plans of the Union during the Civil War was:
*the Union blockade
*Sherman’s march to the sea
*the battle of Bull Run
*seizure of Federal buildings
#16 To help black people adjust to freedom and to help protect their civil rights in 1865 Congress established the:
*Emancipation Proclamation
*Freedman’s Bureau
*Reconstruction Act
*Civil Rights Act
#17 Even after the slaves were freed, they could not be employed as:
*farm laborers
*factory workers
*skilled laborers
#18 The Thirteenth Amendment to the Constitution:
*was never ratified
*abolished slavery forever
*gave black people voting rights
*replaced the Black codes
#19 The Reconstruction Act of 1867:
*divided all Confederate states into five military districts
*gave the Confederate states money to rebuild after the war
*freed all Civil War prisoners
*freed all slaves
#20 A secret organization whose members threatened and coerced black voters was:
*Ku Klux Klan
*Knights of the White Camellia
*White Brotherhood
*all of the above
#21 To keep freed black people from voting, Southern state legislatures:
*gave black people phony ballots
*reinstated slavery
*passed black codes
*instituted poll taxes and literacy tests
Multiple Select:
#22 On June 1, 1812, President James Madison asked Congress to declare war on Great Britain. Select the three reasons why:
Cuba wanted its independence
sinking of the Maine
France and Great Britain wanted to destroy trade between the U.S. and other countries
the impressment of sailors
British interference with the United States
inciting Indian warfare
Multiple Choice:
#23 How were Andrew Jackson’s and Thomas Jefferson’s political philosophies similar?
*Both believed people should share in government.
*Each was opposed to slavery.
*Both supported the concept of Manifest Destiny.
Multiple Select:
#24 Two incidents that led the United States into the Spanish-American War were:
explosion of the battleship Maine in Havana harbor
the capture of Manila
the battle of San Juan Hill
the Spanish ambassador wrote an insulting letter about President McKinley
#25 Match the following items:
1. wrote a financial plan for the United States
2. lost the presidential election to
3. Chief Justice of the Supreme Court
4. founder of the Rhode Island colony
5. wrote about racial discrimination
6. president during the Civil War
7. the South’s choice for president in 1860
8. Confederate general who surrendered at Appomattox Court House
9. defeated the Union army at the battle of Bull Run
10. Commander of the Rough Riders
11. Union general who met at Appomattox Court House
12. Northern general who destroyed everything in his way in the South
13. succeeded Abraham Lincoln as the United States president
14. won the presidency in 1876
15. United States president during the Spanish-American War
Alexander Hamilton
Roger Williams
Rutherford B. Hayes
Sojourner Truth
John Marshall
Abraham Lincoln
William T. Sherman
Stonewall Jackson
Thomas Jefferson
Andrew Johnson
John Breckenridge
Theodore Roosevelt
Aaron Burr
William McKinl

John answers:

That’s a lot of work!
1. False (Federalists)
2. True
3. True
4. False (Against England)
5. False (Benjamin Russell)
6. True
7. False (Free state)
8. False (?)
9. True
10. Atlantic Triangle
11. Underground Railroad
12. Slave Codes
13. Manifest Destiny
14. South Carolina
15. I don’t know, but the first Battle of Bull Run is NOT the answer
16. Freedman’s Bureau
17. Skilled Workers
18. Abolished Slavery
19. Divided the Confederate States
20. KKK (could be all of the above)
21. Poll taxes and Literacy Tests
22. Impressment of sailors, British interference, Indian warfare
23. People should share in government
24. Sinking of the Battleship Maine (I don’t know the second one)
25. 1, Alexander Hamilton (?); 2, Aaron Burr; 3, John Marshall; 4, Roger Williams; 5, Sojourner Truth; 6, Abraham Lincoln; 7, John Breckenridge; 8, Robert Lee (not listed); 9, Thomas (Stonewall) Jackson; 10, Theodore Roosevelt; 11. Ulysses Grant (not listed); 12, William Sherman; 13, Andrew Johnson; 14, Rutherford Hayes; 15, William McKinley

George asks…

Does it matter where you attend law school?

If I want to be a successful lawyer, meaning earning a lot of money, do I need to Harvard Degree?

I live in New Jersey and plan on attending a local Community College, Transferring to Rutgers-NB and applying to both rutgers law campuses. My uncle has a degree from there and he is not in a lucrative position at ALL and he still does very well. Is there some type of a trade off here, because I doubt I would graduate at the top of my law class.

Or do I just need to work hard?

John answers:

It does matter, to an extent. If you go to Rutgers, I can’t imagine you having too much trouble. The real issue is going to be the local job market. If it’s flooded with Harvard grads, you may have some stiff competition for a job.

I’m currently at the University of Memphis. In Tennessee, it’s degrees are very competitive with degrees from other Tennessee schools. Outside of Tennessee, however, we simply don’t have the prestige to get into the big New York, etc., firms.

As a general rule, if you want a big job in a big city, go to a local school with a local reputation, or go to Harvard, Yale, etc. Otherwise, you should be okay with any degree.

And you’re right, there is some kind of trade off. If you finish at the bottom of your class at a great school, you probably can’t compete with a top graduate from a slightly less reputable school.

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