I opened my first account when I was 16 ( parent cosigned) that was almost 20 years ago so maybe things have changed. I almost always lost money and did not really have a plan. I dont think you need to wait till your older as you dont need to be "old" to be able to play a guitar or do other skill based things. BUT you really need a plan and with the internet and computers there is no reason to put you money on the line before you paper trade your ideas. IMHO you should also start out so small that it seems boring and not worth your time from a money stand point. Starting small will be the biggest and most important thing you can do as it allows your head to stay in the game during the play. Nothing takes away clear thought quicker than a big loss. If you willing to put up with being bored and think of how you need to walk before you run you will be much further in the game. You can not make money on really good ideas if you just blew out your account on the last idea. YOU MUST READ "new market wizards" and then read it again and again so that you really feel you know the people being talked about and how they react to trading wins and losses. Best of luck
Because he is coming here and asking a general question. Like asking a Real estate website....Hi do you folks make a good living? Michael B. P.S. As stocks come into favor we will be bombarded with this.
After all the attention you got here? After all the posts from experienced traders, you come up with a question like this? Look at RS7's post. You should thank him for his contribution to your meaningless thread. Michael B.
Baruch, Why are digging up these old threads? Michael B. P.S. Your getting a reputation on this board as "archive builder" LOL P.S.S. I am going to bed, "Good Night"