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04-25-2005, 08:47 PM

#11

s2khondaimport

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Join Date: Jan 2003

Location: Chicago

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Quote:

Originally Posted by S2kracka,Apr 25 2005, 07:34 AM

Just becoming a day-trader is pretty tough to do, you really need to know what you're doing and have a lot of on-hand cash just to get started. Be prepared to loose a lot too. If you think you can become a personal trainer and have a place to practice, do it. Hell, go be a car valet, that could be fairly fun at times and it seems like most restaurants in Chicago offer the service.

I agree with his response. Day trading is very risky. If you perform your due diligence and read finance and investment books, you will realize that long-term value investment is the key to making the moola. From a historical prespective, long-term investing yields higher returns compared to short-term or day trading. Check out Warren Buffet who is the world's greatest investor, aka the Oracle of Omaha.