2006-07-05 23:10:56 · 10 answers · asked by Oleg T 1 in Business & Finance ➔ Investing
Do you think you are ready to trade ?
Do you have a system ?
Have you paper traded ?
A yes to any two of these questions and you are good to go.
See you in the winner circle.
2006-07-05 23:19:36 · answer #1 · answered by r_e_a_l_miles 4 · 0⤊ 0⤋
the best trading software http://tradingsolution.info
i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. the worst thing was i blew up my first account. after that i opened another account and the same thing happened again. i started to wonder why i couldn,t make any money in forex trading. at first i thought i knew everything about trading. finally i found that the main problem i have was i did not have the right mental in trading. as we know that psychology has great impact on our trading result. apart from psychology issue, there is another problem that we have to address. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore.
if you are serious about trading you need to address your weakness and try to fix it. no forex guru can make you Professional trader unless you want to learn from your mistake.
2014-12-18 13:18:14 · answer #2 · answered by Anonymous · 0⤊ 0⤋
No, especially if you don't know anything about options. You have a better chance of making money putting it on black at a roulette table.
2006-07-06 02:54:31 · answer #3 · answered by Shiner 2 · 0⤊ 0⤋
Only if you are really willing and ready to loose the whole lot. Do not gamble with money that you are not prepared to lose.
2006-07-05 23:14:28 · answer #4 · answered by kenhallonthenet 5 · 0⤊ 0⤋
No.
I suggest you to invest in ETFs until you have at least $2,000.00 USD.
Top 4 Answerer in Business & Finance. (Vote for me)
2006-07-06 20:15:46 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Well, for me theres nothing wrong of trying, people cannot let you stop by doing thing's that you think is good for you. if you gonna ask me again give it a shot, and gudluck..
2006-07-05 23:16:22 · answer #6 · answered by ali c 1 · 0⤊ 0⤋
id say options are too risky, you can lose your money fast, not only do you have to pick the right stock ,but you have to pick it atthe right time
2006-07-05 23:12:59 · answer #7 · answered by rn491964 3 · 0⤊ 0⤋
Sure. You'll have to know what you are doing. It's all about managing your gains and losses.
2006-07-05 23:14:55 · answer #8 · answered by curious 3 · 0⤊ 0⤋
Depends,
Can you afford to go without? Then yes.
2006-07-05 23:13:52 · answer #9 · answered by Puppy Zwolle 7 · 0⤊ 0⤋
no
2006-07-06 04:23:37 · answer #10 · answered by Anonymous · 0⤊ 0⤋