The Truth about Training and Preparation
One purpose of Part Four is to help the beginner choose a training program commensurate with his skill level. I discuss both the benefits and the shortcomings of those programs.
My ultimate goal is to have you understand that after you attend a training seminar, you have a lot more to learn. I emphasize the importance of not expecting a lot. But this part is not only for the beginner: I also advise the more experienced amateur on the helpful paths he can take that won’t be redundant, and will build expertise.
Furthermore, in Part Four you will find eye-opening information regarding the differences between pay-per-trade firms and pay-per-share firms. You will also find that Chapter 18, “Paper-Trading Strategies,” and Chapter 19, “Trading for Skill versus Trading for Income,” offer great learning techniques.