Trading online - is it the best way to earn extra income?
December 4, 2012 1:49am CST
How many of you are earning cents here and in some other similar websites? I love it here because you can really discuss any topic and get responses from those who write not just for the few cents but because they like to. However I won't retire from the money I earned very soon Does anyone have experience with stock trading online? Nowdays anyone can do almost anything with internet connection. I started using a trading platform and slowly earned 120€ profit so far. Don't get me wrong it takes a lot of time and effort and research but when there's a good day and stock goes up say 5% you can earn a lot in minutes, then it goes down and that's how basically life works - ups and downs. Sure there's risk and as with most things the more effort and time and research you devote, more likely you'll profit. But best thing is it doesn't need to be that risky you can limit the risk. For example, if you invest 100$ in a stock that you think will go up (say from previous graph or website info about the company) you can always set the limit to 80$ and if it drops you loose 20$, if it goes to 120$ you set the limit to 110$ and 10$ profit is guaranteed and it can only go up from there... see how ti works? Times are hard, Apple shares are expensive and even they go up and down for a few % so in leaver trading you can loose initial investment if you don't set the limits, but still it's awsome when at the begining of trading day your stock goes up for 4% and you see you made 50$ in 15 minutes. So isn't it worth your time and effort to try trading online? After all many people are rich just because they tried investing and it eventually paid out, not to mention the professional traders that can earn a few millions in just one year. Have you tried it, do you know the terms candlestick chart, that a stock can be bullish or bearish and other things? I'm no pro, but I have made 120€ profit from 100€ investment after 4 months (I now have 220$ and will invest in a more popular stock). With many people trying to earn money online I just wanted to share my experience, there are sites out there that offer signup bonus and you don't need to give avay your card info or make a deposit or any other tricks so as long as you don't invest you're risk free and can learn how trading works so why wouldn't anyone try it if one has time. But the problem is that people don't trust eachother and even if someone would give you money for free you probably wouldn't take it but on the other side many people including me crave for ways to make a little extra cash. Share your opinion on my topic, best regards
4 Dec 12
Stock and shares are usually very expensive, you might want to look into forex trading, and you too can limit the loses you have. But the great thing is you might be able to get risk free trading working with forex forum as they provide the credit for you to trade.
4 Dec 12
The platform I use includes forex, that's what I started with, now I buy shares, because of lever trading I can afford to buy 100 shares for under 100$ say from First solar for example. Risk free trading you say, don't know about this forex forum, wonder if it's same as the thing I use or there are any tricks, cause i don't want to start something new just to find some fine print at the end. Thanks for contributing to discussion, have a great day.