nowthen
I can tell you've been there done that
I've been burnt a couple of times myself in the market and it's definitely all about experience, having a system and the discipline to stick to the system. Most day traders go in with the idea of making enormous gains on a few trades. If you go in with this thinking you may as well be going to the Casino.
The potential is there if you are prepared to put in the effort and learn the ropes. For this you need patience and persistance. The suggestion of working for an investment bank is great as you are essentially getting paid to learn.
Seriously, I suggest you go for it. Just don't risk too much too early. Even if you have a good run to start, you will get burnt and you need to be prepared for this.
I'd actually love to have a section on TFP about money. Tilted Coin maybe.
All the budding millionaires could network and discuss strategies for making a fortune.