Derivatives (Options Market) & Tech Companies?
|
03-17-2014, 07:09 PM
Post: #4
|
|||
|
|||
A good approach would be to learn investing first. "Trading" is a whole different world, and derivatives are even more "advanced trading." Would you sit down at a professional poker table without even knowing the rules or strategy or risk? Why give your money away? You won't learn a thing wasting your money. Only perfect practice makes perfect, not just any kind of practice. Using leverage to compound your mistakes makes little sense, but a newbie has no way to know this without learning something first.
If you want to trade, you've got a lot of reading to do. It will take several books and several months or years to develop a satisfactory trade plan and test it on a simulator. You need to find your personal time frame and risk level. You need to develop setups with a better probability of success than a 50/50 guess which way Twitter will go. Or just go to Vegas where it is fun losing money. If you start making simulator profits, then you might be ready to risk your own money, otherwise, revise the plan. Trading is certainly not gambling or rolling the dice on a guess. Neither do we "predict" anything. That would require us to be clairvoyant. From one mentor: Most traders we speak with have learning curves that have cost them between $15,000 and $70,000 and up to two years in time. Investing Read a good book, like Investing For Dummies, available at your local library for free. http://www.investopedia.com/university/beginner/ http://yourportfolio101.com/index.html/links/menu.html http://www.howthemarketworks.com./ http://stockmarket.makemoneyideas.in/ http://beginnersinvest.about.com/od/inve...ng_101.htm http://www.fool.com/School.htm http://beginnersinvest.about.com/ http://www.ehow.com/topic_558_investing-...nners.html http://www.dummies.com/Section/Content-S...t+analysis You can also type “how to invest†or "how to trade futures and options" in the Search Y! Answers box at the top of this screen and get lots of answers. |
|||
« Next Oldest | Next Newest »
|
Messages In This Thread |
Derivatives (Options Market) & Tech Companies? - emrecez24 - 03-17-2014, 06:38 PM
[] - Christopher - 03-17-2014, 06:57 PM
[] - David - 03-17-2014 07:09 PM
|
User(s) browsing this thread: 1 Guest(s)