InvestorsHub Logo
Followers 3
Posts 508
Boards Moderated 0
Alias Born 11/12/2010

Re: gettingby post# 206

Wednesday, 12/28/2011 5:51:25 PM

Wednesday, December 28, 2011 5:51:25 PM

Post# of 342
After I lost my job, my good friend suggested that I look at trading. At that time, I had zero knowledge of how stocks work. But slowly, I started reading up on stocks. And knowledge gives you confidence. After a couple of years of doing some trading, I had a reasonably good grasp of what I needed to do to be successful. Then, I lost my job for the second time. The layoff timing was right for me to take a plunge into full time trading as I had been thinking about it for awhile. So this is my story.

I don't aim for the next IBM or AAPL. I make small trades and am happy with every dollar gained. No profit is small wink

100$ a day will net you 25k in annual profits.
200$ a day gives 50k
300$ 75k etc

i.e every 100$ a day gives u 25k.

Try not to take unnecessarily big risks. Be disciplined. Respect the market. Be modest and disciplined. Else you will make money in a few years but may lose it overtime. Be consistent over the long term. Be thirsty for knowledge. But don't be too aggressive while trading. Know your limits. Don't lose your sleep over trades.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.