Is it even worth the effort to learn how to trade?

Discussion in 'Trading' started by trade5656, Apr 9, 2017.

  1. MrScalper

    MrScalper

    It all depends on the business you choose, as some are worth the time and effort, others are not.

    I do agree that if you are not dependent on money, as in have no debt, your kids are reared, and you have some sort of basic income, then, trading can be very interesting and challenging.

    If you owe loads of money, have big house, big cars, and a wife that spends money like it is confetti, then, trading can be your biggest nightmare :)
     
    #41     Apr 16, 2017

  2. Yes, of course. That's why you need to test every business idea first prior to investing in it.

    Im not talking about a www.hotdogonastick.com franchise where u basically bought yourself a minimum wage job. Im talking scalable-- testable, and sellable.

    surf
     
    #42     Apr 16, 2017
  3. MrScalper

    MrScalper

    Anyone with half a brain these days, and if young enough, would be better off to concentrate on social media, as you are always better off at targeting the silly, and those who are easily influenced :)
     
    #43     Apr 16, 2017
    jl1575 likes this.
  4. Test it yourself-- get a customer first, then think about investing in and launching the business. Could be anything--
     
    #44     Apr 16, 2017
  5. MrScalper

    MrScalper

    You must be joking, I am done with all that stuff!

    I just take every day easy now, trade when I feel like it, and bring my 2 dogs off for walkies bout 6 times a day :)
     
    #45     Apr 16, 2017
  6. I luv'ed hotdog on a stick when i was a kid. :p
     
    #46     Apr 16, 2017
    marketsurfer likes this.
  7. Me too!!
     
    #47     Apr 16, 2017
  8. Sounds exciting--- but

    I was speaking in general. Not directly to YOU.

    :rolleyes:
     
    #48     Apr 16, 2017
  9. vanzandt

    vanzandt

    Feed_the_Pig_Game_Design_Challenge_banner_blog_634px-634x333.png
     
    #49     Apr 16, 2017
  10. ironchef

    ironchef

    One of your best posts.:thumbsup:

    Unfortunately most traders do it backward: They think trading is easy money; they need money so they trade. Under capitalized but think they can hit the jackpot....
     
    #50     Apr 16, 2017
    wrbtrader and marketsurfer like this.