Online trading? Yay or nay

[Stillie]

Hi guys,

Online trading, should i look into it and if so where? keeping in mind i have never done this before?

Or any trading as a matter of fact

 

[moklet]

Hi guys,

Online trading, should i look into it and if so where? keeping in mind i have never done this before?

Or any trading as a matter of fact

Check out the following thread

https://mybroadband.co.za/vb/showth...-quot-by-non-registered-amateurs-quot/page564

 

[Stillie]

Check out the following thread

https://mybroadband.co.za/vb/showth...-quot-by-non-registered-amateurs-quot/page564

thanks i saw that thread but wasnt sure it was what i was looking for!

 

[bchip]

Try it on demo accounts first, see if you enjoy it.

It takes a long time to do well, so only you can answer will I enjoy losing money
for a couple of years?
Do I enjoy reading the markets, the news, etc?

Remember the average successful trader blew at least 2/3 accounts

 

[saturnz]

as a general rule of thumb, only trade in things you have an interest in and that you understand- it helps in identifying any potential difference between what you value the item at and the spot price.


so if you have no idea how financial assets work, why buy and sell them when you do not understand them?