I am a complete newbie to trading and have read a couple of books and visited websites such as this to gain knowledge. What has most impressed me is how difficult it is to actually make money in this game unless (a) you have massive starting capital and / or b) you are a trading genius.
It seems that there are riskier strategies like options trading which can improve your return on capital but the downside is increased risk. As for day trading - forget it! All that I have read suggests that only a minute % make any money at it.
What I really want to know from you veterans out there (or anyone who has been burned) - can you really make money with this trading lark?
Thanks
It seems that there are riskier strategies like options trading which can improve your return on capital but the downside is increased risk. As for day trading - forget it! All that I have read suggests that only a minute % make any money at it.
What I really want to know from you veterans out there (or anyone who has been burned) - can you really make money with this trading lark?
Thanks