20 Jul '11, 7pm

Is trading suitable for you?

I have met many people interested in trading and I have also met equal number of people give up trading. Many people dream of getting rich and trading seems like an activity that does not require much work, yet has a possibility to double or triple your money. It would be unlike investing where a lot of time is required before one can see results. People are generally impatient and want to see gains fast. Trading seems to promise that. However, it is rather a perception that trading is a get rich quick avenue. There are indeed successful traders that make a lot of money. Statistically, this applies to a small group of people. They may be talented and genetically wired for trading, but they also need to gain experience over time to be good in the game. Probably for the average people who have a day job, it is …

Full article: http://thefinance.sg/2011/07/21/is-trading-suitable-for-you/

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