NEED ADVICE ON TRADING STOCKS
Q: I would like to learn how to trade stocks over the internet on a fulltime basis. Has anyone out there quit their job to start day trading stocks? Has it worked for you? Can you tell me how to get started? I have traded stocks for a few years but feel like I could do much better if I was at home during the day. I am not quite sure how to get started. Please email me or reply to this group if you can help.
A:
There are a number of people who have become "day traders", however, I
wouldn't consider it "quitting your job". It is merely changing your job. In
order to be sucessful you have to work at it. If you've been trading
successfully, you already know how to do it. You just need to find the
"testicular fortitude" to act!
Having said all t
considered it as well, but am not willing to do so. The bull market over the
last few years has made it relatively easy to cover a number of trading
blunders. If you bought it too high, the market enthusiasm in general may
"save your butt".
I don't think you can count on that day in and day out for the next 10
years.