Wednesday, June 27, 2007

How To Make Money in Trading

I guess alot of people would love to make money. Only crazy people dun like or love money. Any saint people will want to have plenty and tons of money. I know alot of people will think that playing or trading stock is very easy as long as you know how to buy or sell a stock.

Well in actual fact yes, it is very easy to trade stock but to make money out of it, it quite difficult.

Here are some question for those who want to go into trading :

- Do you drive without a license ?
- Do you not bargin for a shirt,pants,dress and etc if you are shopping ?
- Do you work in a specific field without having the degree/knowledge of the field ?
- Do you want to get married without knowing your partner ?

Actually i have tons and tons of question for those who want or interested in trading. The ultimate question is :

- Do You understand the stock that you are trading ?

If dun understand the stock that you are trading, then DO NOT TRADE IT. You will not lose any money if you dun trade the stock. When you trade a stock you lose money immediately through commision and slippage the very least.

If you can spend tons of money + time on education and shopping.
Why cant you just do the same when you trade on stock?

How often when you buy a stock, you start to lose money. When you sell a stock and it start to make money.

I just hope that you will do your due diligence on trading before you start to trade. Do not worry about the missing of opptunities as there are always opptunities out there waiting for you when you know how to trade it properly.

If you know how not to lose money when you trade, that is where you will make moeny

1 comment:

Amelia said...

I love to know some ways with the help of which I can make lots of money. In this article you have explained the way to make money by trading stock. Thanks for sharing all these guidelines about trading stock.
how to do online trading