Stock Trading and Other Things

Is it possible to make a living out of investing on the stock exchange?

I am 23 years old and I have about R60,000 (US$8,000) in savings and I am thinking of investing all of that on the stock exchange.
Have other people that you've heard of or know of done the same thing? Have you perhaps done the same thing?

Public Comments

1. Yeah $8k isn't enough capital to try that. It's highly risky. You would need to pick some serious big winner in order to get enough money to create a decent portfolio. I've heard a few people manage it, but most just do it to supplement their income.

2. for an uninformed / untrained trader, a casino or the stock market is even odds. People get rich, make a living, or end in the poor house either way.

If you are serious, at least become familiar with Warren Buffet:
http://www.fool.com/investing/value/2008/03/20/warren-buffett-invests-like-a-girl.aspx

Get informed, make informed decisions.

3. Forget living dude you can make fortune. You just need to know the tricks. If you are new and want to learn the basics visit

http://www.khelostocks.com

4. you can learn the fundamental and learn to trade before because 8k is too less for investment at the risk level of stock
and now US economy gone into recession period you can know more this king of this situation at

http://finance-fantasy.blogspot.com/2008/05/us-financial-crisis-has-not-had-bad.html

and you can learn more how to trade in many link of this site

5. Yes, it is. with that ammount of money you can generate between 12% to 14% monthly. You can also and that is the even more interesting part of it become a sponsor and creat your own network of investors, where you will get the 0,5% of their profits monthly. I am doing it since march and if I keep doing like that in less then one year I can even stop working.
If you are interest, write me at: alby1forex@gmail.com and I will explain how it works.

No bullshit only a great opportunity
By the way, what is your nationality?
This form of business is international but there are still many country were nobody has already start the network.
For example I know a guy which started a network in Slovenia and is doing incredibly well.
I wish you good luck
Alby

6. Take out a margin loan (loan for shares) and the 8 grand to inbvest in the Stockmarket. Go to http://www.21stcenturyacademy.com and order the free DVD to get an idea of how to get rich off ur 8000.

7. Yes you can make a good living from the stock market and in fact, you can make lots of money.

Like any other profession, you have to know what you're doing and have you rules in place.

You can start with $8,000 but you will have to grow that amount to become totally independent.

8. I´ve been investing for more than 20 years and trading for almost 14, and I can tell you that if you want to make BIG and FAST profits, I recommend you trading rather than investing, trading can help you to go from rags to rich.

If you are investing, you must have already achieved some degree of financial success, long term stock investing and FOREX can help you become much richer than you are today.

My experiences as a Nasdaq Market Maker, Head trader of several brokerage firms, and currently as a professional trader and private hedge fund manager, I can suggest you that:

We trade because we want quick, short term profits on a consistent basis. We want to cash flow the market. Milk it like a cow.

Make consistent, small, short term gains rather than trying to hit a home run on every trade. Don't ever forget that.
Don't marry a stock, marry the idea of making money trading stocks. That's the only way to do it.

For me "All stocks are equally worthless”

I don't hold on to any illusion that the stock market will continue to go up and provide a nice retirement for me.
I could care less which way the market goes. It's irrelevant to me if the market goes higher, crashes or moves sideways for the next 50 years. I really could care less. Stocks are just four letters with two prices next to them that I use to make a living trading.

Trade ONLY when you have a clear, easy and identifiable advantage, because without a CLEAR EDGE your odds of success are NO better than a flip of a coin… That´s why so many new traders (and investors) lose money.

Take a look at any daily chart of any index or stock and you'll probably see the most volatility and the biggest opportunity for profit during the first Hour of the stock market's opening.

The popular thinking and conventional wisdom is that you should wait about an hour before you start trading.

But if you do, you'll miss the big, fast moves that stocks make as all the amateurs let their emotions out through their
online accounts, usually right after they read some news headline or hear Maria Bartiromo go off about a stock on CNBC.

It's easy to see why trading the open is the market's prime time for profiting from other online traders.
The market's open is very volatile - that is the perfect environment for LARGE, FAST profits.

Learn to trade as a professional Market Maker ,not as an emotionally driven amateur trader or investor with few thousand dollars in an account at Etrade.

There isn't any other time during the day or any stock you can invest in, that can make you 1, 2, 3, 5, 7 or more points
in minutes OTHER than during the first hour the stock market is open. That's why I love trading the open so much.

I trade only when I have an edge and that means "only the first hour the market is open".

If you are a beginning trader, you can give yourself an unfair advantage in the market trading this way.

I can carry on with the advises about how to make money trading, but if you ask me:

"What is the best thing you can do for me?

I will say:

Give yourself a BIG favor and go to this "Top Secret" site and learn how to get the BEST stocks that will make the largest and fastest day trading profits you´ve ever seen...

www.onehourtrading.com

After you review this site you won´t need system, strategy, book, software or mentor to tell you what to do,
you will be able to profit HUGE every day.

Good luck and good trading,

Jonny

9. Hi, Zack,

As one earlier answer said, to successfully trade stocks, you need an edge.

What's your edge?

What do you know about stock price direction that quants around the world with PhDs in math and finance and banks of computers and proprietary software programs massaging huge databases and with real-time access to the markets don't already know?

You're a minnow is a lake full of piranhas. Your $8000 just looks like a small snack to them. They'll scarf it up and go looking for more blood.

That doesn't mean you shouldn't buy stocks with your savings. Just don't think you can buy and sell enough to make a living. You don't own a crystal ball and so you can't know

Buy stocks that pay dividends.

Hold them forever.

Reinvest the dividends.

In time, your portfolio will be large enough to live on.

That's the surest way to beat the stock market.

best, Rick Stooker

10. Try <---http://earn-cash-today.com/stock
Good luck!