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Old 03-08-2007, 10:05 AM
zash2k500 zash2k500 is offline
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Re: Is Daytrading Right For You?

I am considering going into day trading, however i am a beginner and do not
know much. Slowly I am reading/studying articles and aquiring knowledge.
However I am an engineering graduate so financial stuff boggles me lol. It
would be an honour if you could help.

- I heard you need large amounts of capital to begin day trading, is this
so? and how much are we talking?, As you can see I am a graduate I am
obviously going to lack finance lol but I am willing to take risks.
- I also read that individual day traders do not stand a chance with the
professionals because the professionals have the software and instant
processing tools, is this true? or is it still possible to "make it" ?
- Do you think day trading/spreadbetting is more of a skill or just
gambling?
- Do you recommend any good trading software, books, articles?
- From you experience Is daytrading highly rewarding?
-I am willing to put in 11-12hours daily to learn the markets and the
business, how long given a person of average IQ would it take to "master"
the fundamentals from your experience?

I am just like you, during my degree I studyed/worked a straight 12 hours
daily and rested one day. I have the determination and drive just need the
direction.

Many thanks your help is greatly appreciated, Keep up the outstanding work at traderslaboratory!

Zashuka

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