How much are u making are u making a week by doing this and how do u buy and sell it? i don't understand how a person know that the graph will go down or will it go up? i read but still don't understand. nots a smart person but want to learn the millionaire way of investing? any pointers? sorry for the long question.
Trading is not an easy road to wealth. There are plenty of statistics to say that most people who go down it fail (90%+). I'm not going to say how much I make per week, but I will say I'm in the 10% (or less) who have succeeded. To me, you need two things to succeed in trading. #1 is a curiousity of how things work. Most good traders will tell you that "systems" are constantly breaking down (i.e., what works today won't necessarily work tomorrow). If you are going to be a successful trader, you are going to be constantly doing research for new things that work. If you don't enjoy the process of researching new ideas, I think you are doomed from the start. #2, you've got to be willing to learn how to handle emotions. Things are going to go against you, and at least in my experience, humans are wired to want to get away from the pain of a trade going against you. How you deal with these moments will define a lot of how successful you are going to be trading. Make a long story short…if you are looking for an easy road to wealth…this isn't it. If you like the game, and can't learn enough about it…then you will eventually find a way to succeed.
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