(11-16-09) Real Trading isn't trading using charts, fancy graphics and colored lights.

Those infomercials advertising trading services are mostly financed by the brokerage industry, and they are responsible for consistently diminishing the so-called "burn rate," which is the average number of days that a $10,000 trading account will last.

Now it's down to about 5 days -- thanks mostly to the trading chart and colored light services.

In other words, don't be seduced by the infomercials.

Please try to understand that the $5000 commodity trading seminars that teach you how to trade off charts and graphs are a complete waste of time.

They aren't even using real technicals. They're using faux technicals which don't even correspond to any reality. Why? Because they're easier to understand...

What the so-called "industry" which is a tightly knit association of investment banks, retail brokerage houses, vendors of news services and trading systems is doing is trying to dumb down something which can't be dumbed down.