Is it even worth the effort to learn how to trade?

[MrScalper]

It depends how you define " worth it". Is is worth it monetarily-- no way- in every way i can think of-- statistically, return , risk of ruin, I could go on and on.....

Is it worth it as a intellectual challenge? Yes, it's the best it gets imho in that category.

If u need money, start a business. If you have money and like a challenge-- learn to trade.

It all depends on the business you choose, as some are worth the time and effort, others are not.

I do agree that if you are not dependent on money, as in have no debt, your kids are reared, and you have some sort of basic income, then, trading can be very interesting and challenging.

If you owe loads of money, have big house, big cars, and a wife that spends money like it is confetti, then, trading can be your biggest nightmare

 

[marketsurfer]

It all depends on the business you choose, as some are worth the time and effort, others are not.

I do agree that if you are not dependent on money, as in have no debt, your kids are reared, and you have some sort of basic income, then, trading can be very interesting and challenging.

If you owe loads of money, have big house, big cars, and a wife that spends money like it is confetti, then, trading can be your biggest nightmare

Yes, of course. That's why you need to test every business idea first prior to investing in it.

Im not talking about a www.hotdogonastick.com franchise where u basically bought yourself a minimum wage job. Im talking scalable-- testable, and sellable.

surf

 

[MrScalper]

Yes, of course. That's why you need to test every business idea first prior to investing in it.

Im not talking about a www.hotdogonastick.com franchise where u basically bought yourself a minimum wage job. Im talking scalable-- testable, and sellable.

surf

Anyone with half a brain these days, and if young enough, would be better off to concentrate on social media, as you are always better off at targeting the silly, and those who are easily influenced

 

[marketsurfer]

Anyone with half a brain these days, and if young enough, would be better off to concentrate on social media, as you are always better off at targeting the silly, and those who are easily influenced

Test it yourself-- get a customer first, then think about investing in and launching the business. Could be anything--

 

[MrScalper]

Test it yourself-- get a customer first, then think about investing in and launching the business. Could be anything--

You must be joking, I am done with all that stuff!

I just take every day easy now, trade when I feel like it, and bring my 2 dogs off for walkies bout 6 times a day

 

[viruscore1]

Yes, of course. That's why you need to test every business idea first prior to investing in it.

Im not talking about a www.hotdogonastick.com franchise where u basically bought yourself a minimum wage job. Im talking scalable-- testable, and sellable.

surf

I luv'ed hotdog on a stick when i was a kid.

 

[marketsurfer]

I luv'ed hotdog on a stick when i was a kid.

Me too!!

 

[marketsurfer]

You must be joking, I am done with all that stuff!

I just take every day easy now, trade when I feel like it, and bring my 2 dogs off for walkies bout 6 times a day

Sounds exciting--- but

I was speaking in general. Not directly to YOU.

 

[vanzandt]

It depends how you define " worth it". Is is worth it monetarily-- no way- in every way i can think of-- statistically, return , risk of ruin, I could go on and on.....

Is it worth it as a intellectual challenge? Yes, it's the best it gets imho in that category.

If u need money, start a business. If you have money and like a challenge-- learn to trade.

 

[ironchef]

It depends how you define " worth it". Is is worth it monetarily-- no way- in every way i can think of-- statistically, return , risk of ruin, I could go on and on.....

Is it worth it as a intellectual challenge? Yes, it's the best it gets imho in that category.

If u need money, start a business. If you have money and like a challenge-- learn to trade.

One of your best posts.

Unfortunately most traders do it backward: They think trading is easy money; they need money so they trade. Under capitalized but think they can hit the jackpot....