My friend wants to do stock trading and he has been researching on it. But my question is, is it a good job? ?
can you do it as a career or just as a side thing while you hold something stable. I would like to know all they is to know about this career. please help?
Asked By: Lady Katia A - 12/28/2008
Best Answer - Chosen by Asker
if you really good at it, but most people failed. if you want to trade stock for fun, just couple of hundred or thousand dollars, open an online trading with low commision fee. Personally, I think Sogotrade is best among all online brokerages. You can get a lot of free trades: about 100 free trades with 500 minimum... More
Answered By: Powerwave L - 12/29/2008
Additional Answers (3)
Finances are volatile right now with more ups and downs to come. Seriously it's not a 'get rich quick' area.
Answered By: beachgirl - 12/28/2008
That depends. Is he trying to become a stock broker? Or does he want a career as trading stocks online. A stock broker is a full time career. Trading stocks online can be a hobby. In either case, however, how well you do depends completely on how much you know about investment trading. If you can make smart... More
Answered By: Steven C - 12/28/2008
I would suggest that your friend only do it as a side thing for now. Day trading requires equipment that is constantly updated with current prices and day trading would require a good amount of capital to do well. Tell your friend to not quit his day job, but if he can invest some for the long term.
Answered By: spencecary - 12/28/2008
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