Thursday, February 26, 2009

Is trading the stock market difficult?

There are many instruments to trade the market.,Options,Stocks,Futures,Forex,etc....this are some of the many that I know of. Going back to the question-Is trading difficult?To be more specific on most peoples minds-Is trading meant only for those highly intellectuals, for those who knows how to interpret market fundamentals and news,for those who has a lot of money,...and the list goes on.
I can only say for Options,since I'm trading only this instrument.,trading is not easy, but it is certainly doable.I guess you must be wondering now,"Then why the heck are people around me,in forums,etc... are telling me that trading in the market is basically throwing your money away?!" I may not know the real answer to their comments but I do get all of this negative comments back when I just started out trading and I gradually realize that ALL those who said it wasn't possible to trade for a living,are basically frustrated by the loss of their hard earn money or they simply do not understand the dynamics of the market. It takes a lot of time,perseverance,patience,researching,analyzing,asking questions....bottom line is: HARD WORK! Trust me,you can trade your way to Financial Freedom but you really need to get your hands dirty by continuously learning and reading(and losing money along the way) until you get YOUR "Holy Grail" strategy that churns for you the stash.Period.

In my opinion, you're able to make a living out of the stock market.

PS:Only if you GENUINELY understand what trading is all about...

Cheers
Hyzel

"Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it."
Warren Buffet

No comments:

Post a Comment