Archive for the ‘a beginner’s guide to day trading online torrent’ tag
a beginners guide to day trading
a beginners guide to day trading
Day Trading and stocks?
Hello, Im interested in “Day trading” and am looking into working through websites like E*trade, Scottrade, Ameritrade, I’m really interested in learning how to use these and websites and learning more about the stocks and trading, but I’m not sure where to look i was thinking about getting “Day Trading for dummies” “Investing for dummies” and “A Beginner’s Guide to Day Trading Online”
I don’t plan on making this my main job i would just like to make a nice sum of money on the side
If you want decent returns on your investments, invest in index funds that follow the S&P 500. Approx. 80% of all actively managed funds failed to beat the market indices. And these are funds managed by guys who usually have Ivy League degrees, years of experience trading, and large research staffs who do nothing but research stocks all day.
And of the ones that do beat the market, these funds rarely are able to continue this trend in the long term.
So people who actually think that they can beat the market by day trading, all by themselves, with little experience and no staff, are fools. They may THINK that they’ll be special and make phenomenal profits, but in the long term, nearly every single one of them gets burned and they walk away after losing a bunch of money.
Don’t believe me? Read the article that I linked, and read the articles that come up after you do a Google search “Do actively managed mutual funds beat the market?”. If you still want to day trade after reading the linked article, you are a fool and you deserve to lose everything you own. If you decide on another career path other than day trading, you are a wise man.