Yes and no. Zero formal education is required. That’s for sure. It can actually be a hindrance. The only thing to understand is that money moves the market and the objective is to buy low and sell high. Of course, that is easier said than done. Can anyone learn the game? Yes. I think so. But consistently beating the game is an entirely different subject. For starters, you almost have to have a complete disregard for money. This sounds counter-intuitive because the entire game is about money but if you start thinking about what the money can buy in the real world, you will lose. Guaranteed. You can’t drop $1500 trading and instantly think, “There went next month’s rent”. On the flip side, you also have to understand how fast you can lose money and be as risk averse as possible. Only you’re not being risk averse in order to make sure you can pay your rent. You’re being risk averse in order to win the game. Winning or losing is based on P&L. So you go for profit in order to win and not because you want to trade your way into a new Mercedes. You try to avoid losses because you don’t want to lose the game and not because you’re scared of losing a month’s pay. It’s a weird dichotomy which is apparent not just in trading but in many different aspects of life. You can’t be the heavyweight boxing champion of the world if you’re scared to take a punch but you also can’t just stand there and take multiple blows to the head…