Is It Possible to Make Money Trading?

[Spencer]

Trading is basically speculation and it comes with a lot of risk because you are actually not in control at all, you are just a participant and anything can actually happen to your money, you can predict right or wrong, and one of the most important commandment of running a business which is Control is missing.

Some people can actually make money from it out of skill for example but to that you'll have to dedicate a lot of time to research and sitting in front of your monitor for a very long time, I think it's possible to make money but it's hard.

 

[eLdavis]

It is very possible to make money from trading, I have seen people who have been able to achieve this time after time. The truth of the matter is that trading contains a lot of risk, and even those who succeed in it have had their own share of losses sometimes. To succeed you need to keep learning.

 

[Mika]

Trading is not just about speculation, it it was it would be another form of gambling. Well, trading involves guessing but you can analyze the market, check historical data and other things to make a decision about trading. Trading is mainly related to how good you are with interpretation of the signals and how well you understand the market. If you can make informed decision, you can always be on a profitable side.

 

[Highs]

You can make money from trading but it takes a lot of resilience for you to make money. You need enough capital too and ensure you have adequate skills too so you don't end up losing your money. If you don't have the required skill you should go and learn before you start the trading business. Trading requires patience too.