Do many home traders realy make a good living from trading? I have nticed that looking at volume and buyers verses sellers can in theary be a profitable method of picking stocks to trade,as soon as the sellers outnumber buyers sell.What do you think?
Thanks
2006-09-14 15:54:15 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
I think that as long as there is volatility in the market, an astute home trader can make a good living. Just be aware that a lot of home traders trade on margin and use options, which both increase risk.
I think the main key is to get in on a developing trend before the Wall Street herd discovers it, ride it up, and then bail out before everyone else does.
2006-09-14 17:44:40 · answer #1 · answered by BriGuy20 2 · 0⤊ 0⤋
Stocks are best invested into over a long term. What I do is buy x-amount of shares in a good company. Usually wait until there trouble and the Stock is low but, I know it a Strong Company. As the Stock increases where you can sell 30-50% and break even and have the other shares free of charge then you in the game. Then take your Money from the sale of those Stocks and buy Stock in other companies. Following this approach a person can build a fairly extensive portfolio and not have any money in it. Depends on the initial starting Capital as to how much a person have.
2006-09-14 16:16:56 · answer #2 · answered by Snaglefritz 7 · 0⤊ 0⤋
Read some tips and articles on stocks and trading on this site
2006-09-14 15:56:11 · answer #3 · answered by Anonymous · 0⤊ 0⤋