Young Investor Discussion Thread.

antonpoh

antonpoh

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MrSinkie95 said:
Any young investors or to-be investors here? Let's stay in this thread to discuss and learn the various info .
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Are you sure you want to learn from young investors who have never gone through any downturn, never made any mistake, never bought a wrong stock before?
 
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Thememberboi

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If you're looking to trade forex as a living, chances are it is close to impossible. Not saying it is impossible. Minority of traders managed to achieve that level of achievement by trading over long term. I don't mean 4H or Daily charts i mean Weekly and Monthly Charts. To do that, you must first have a substantial amount of capital to even look at the monthly charts. Scalping will never get you far

Well, there is always no harm in trying. Knowledge is endless, especially in the topic of investing! Read more books and learn more!

Live trading always defers from demo because your money is on it, you psychologically react different to it so have fun :s13: !
 
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shingy

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Anyone does options trading eg. selling put options?

What is the success rate and what is the minimum cash outlay for trading index options?
 
MuppeJack

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Thememberboi said:
If you're looking to trade forex as a living, chances are it is close to impossible. Not saying it is impossible. Minority of traders managed to achieve that level of achievement by trading over long term. I don't mean 4H or Daily charts i mean Weekly and Monthly Charts. To do that, you must first have a substantial amount of capital to even look at the monthly charts. Scalping will never get you far

Well, there is always no harm in trying. Knowledge is endless, especially in the topic of investing! Read more books and learn more!

Live trading always defers from demo because your money is on it, you psychologically react different to it so have fun :s13: !
Click to expand...

I do have a friend who day-trade forex for a living. He trades the opens and a number of days in a month so he leads a carefree life not sitting in front of the screen entire day.

Not easy but achievable
 
MrSinkie95

MrSinkie95

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Anyone under 21 who had a brokerage acc? do your open with DBS/OCBC or CIMB?
 
frenchbriefs

frenchbriefs

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the saddest thing about trading is you have to be young to be able to succeed at it,go watch million dollar traders.the main reason is because all these kind of activities like poker and financial gambling requires a huge stomach for risk which older people lack and the ability to take brutal punishment on your mental state of mind without losing control of ur emotions and dumping your load prematurely.most older people are highly conservative and have a low tolerance and stamina for risk and stressful activities.

and yet most of young are going to end up as failures anyway because frankly trading is a waste of time,trading is a myth,finding a successful trader is as rare as finding a unicorn,i have yet to see conclusive proof that unlike poker,a winning trader exist and that his knowledge and methods could be scientifically and mathematically proven and replicated to a large extend.
 
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frenchbriefs said:
the saddest thing about trading is you have to be young to be able to succeed at it,go watch million dollar traders.the main reason is because all these kind of activities like poker and financial gambling requires a huge stomach for risk which older people lack and the ability to take brutal punishment on your mental state of mind without losing control of ur emotions and dumping your load prematurely.most older people are highly conservative and have a low tolerance and stamina for risk and stressful activities.

and yet most of young are going to end up as failures anyway because frankly trading is a waste of time,trading is a myth,finding a successful trader is as rare as finding a unicorn,i have yet to see conclusive proof that unlike poker,a winning trader exist and that his knowledge and methods could be scientifically and mathematically proven and replicated to a large extend.
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Woah, are u didi, gorgor, uncle or ahpek?

Sent from your next door using GAGT
 
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