Quote:
Originally Posted by XutvJet
I get the sense from this thread that most people responding are day traders/short-term traders. That's a risky investment lifestyle for most.
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Yes and no. I've got my long term retirement stuff and then I have my day trading hobby/fun money. I'm trying to become more educated on short term trading. It's stressful. The highs are high and the lows are low. Im usually only playing with a few thousand at a time. Put in a few hundred to make a hundred. I've lost some and made some. The toughest part has been stripping away emotion from trading. An example. Last month I was net zero on one of my biggest trading months. I made 3500 and lost 3500. Had I been smart and sold on the momentum and not waited for the "little bit more" it would have been a 6k month. You just lick your wounds, try to learn a little, and start again. Don't risk what you can't comfortably lose.