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- 27 February 2009
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Ok, so you have heard about this thing called the 'Stock Market', people are making lots of money from it.
The first thing you have to realise is that there is not 1 way to make money on the market.
There is not even 1 'right' way to make money on the market.
All that is involved is an investor/trader/punter looking over a bunch of information and making a judgement as to which securities/commodities/currencies are going to move in which direction and then buying and selling financial instruments accordingly.
You can be taught strategies to make money in a scenario where you think that an asset will increase or decrease in value, what cannot be taught is how to accurately predict where any asset will move...
You can make a very strong guess but all it takes is for North Korea to let off a nuke and then who knows what will happen...
So please with the questions don't ask:
How can I make $10,000 profit if I have $5,000 to invest.
This might be more appropriate:
I have been thinking and researching(Shock Horror) and the world's supply of (Insert commodity/asset here) is shrinking, how would I best profit from this assumption?
The first thing you have to realise is that there is not 1 way to make money on the market.
There is not even 1 'right' way to make money on the market.
All that is involved is an investor/trader/punter looking over a bunch of information and making a judgement as to which securities/commodities/currencies are going to move in which direction and then buying and selling financial instruments accordingly.
You can be taught strategies to make money in a scenario where you think that an asset will increase or decrease in value, what cannot be taught is how to accurately predict where any asset will move...
You can make a very strong guess but all it takes is for North Korea to let off a nuke and then who knows what will happen...
So please with the questions don't ask:
How can I make $10,000 profit if I have $5,000 to invest.
This might be more appropriate:
I have been thinking and researching(Shock Horror) and the world's supply of (Insert commodity/asset here) is shrinking, how would I best profit from this assumption?