Australian (ASX) Stock Market Forum

What Made You Become A Share Trader?

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7 March 2008
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For me it was in the heady days of "Posiedon" when a 20 cent share shot up to over $200 I made a tidy profit but exited out way to early.

But from then on I was hooked.Even when I did not have the money to invest (You could invest a minimum of $50 back then.) I used to keep a record of what I would have bought had I had the funds. They call it paper trading nowdays and I still do it.

Ultimately its to make money or is it?

So what was your reason?
 
Total unadulterated greed, thought I was going to learn the secret and make super fast bucks
 
i wanted to make enough to pay for the weekly petrol bill... wasnt that greedy... about $50 only....
 
I didn't know I was one. I thought I was an investor. All of a sudden the tax man decided I was a trader and not an investor so I can say; "It crept up on me when I wasn't keeping my eye on the ball." and the tax man made me become a trader.
Actually this past month I'm beginning to wonder if it is a good idea. (Getting cut with falling knives.) :banghead:
 
You guys are hilarious!

I need an alternate career, thats why i started to learn trading as a profession. I intend to continue building enough capital, studying harder, gathering resources, and gaining more experience with a view to leaving my current work and trading full time to make a living.

Thats the plan.

Cheers,


CanOz
 
You guys are hilarious!

I need an alternate career, thats why i started to learn trading as a profession. I intend to continue building enough capital, studying harder, gathering resources, and gaining more experience with a view to leaving my current work and trading full time to make a living.

Thats the plan.

Cheers,


CanOz


thats the dream right there, retired at 30 would be great also
 
Driving taxis was getting boring.

But, looks like I'll be back there soon.
 
thats an interesting question! never thought about it. but now as this question has come up i think i was naive when i got into this, i wanted to get rich quick n fast. but now i have been testing the waters for 4 years. and now i have dropped all the plans to get rich, i think i am not earning great, but iam ion the verge of recovering whatever i lost in the initial years. now my focus is to recover and then again............TRY TO GET RICH:banghead:
vik
 
An easy way to fund my expensive lifestyle "needs" of fast cars, expensive women and exotic holidays.
 
Of course. No one loses at this game. All you need is a a chart with 20 indicators on it, huge leverage, a know it all attitude and you are made.:cowboy:
And I thought that only 5% came out ahead and that the other 95% were the losers that financed the 5%. For someone to win then someone else loses. I would have thought huge leverage and a know it all attitude was a guarantee of failure and make you part of the 95%, especially in a falling market. Glad to hear I'm wrong again.
 
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