I start off by saying, with great risk comes great reward. However if you know what you are doing you can minimise your risk and increase your reward in this case profit. Day Trading any stock market can make or lose you a lot of money, the difference between the people that make the money and those that lose their money in my mind comes down to three main thing Financial Knowledge, Patients and the willingness to learn from mistakes.
The one thing to know about the stock market is that no matter who you are, everybody losses sometime you just need to make your loses smaller then you wins and you will come out ahead. I suggest that you get some financial advise before taking any action but also take into account that who ever is giving you financial advise make sure you like the size of their bank account, the car they drive and the house they live in because if they advise was really that great why are they telling you and not off making millions themselves.
If you don't know much about the stock market i suggest that you find some kind of course or seminar that will give you some understanding.
Good luck and hopefully you make a buck.
No comments:
Post a Comment