I make a ton of money from Adsense, kontera and other CPM ads... I spend some on promoring my sites, the rest I blow away on the stockmarket... And I trade heavily.... HUGE volumes... sucks man... Stock market is an addiction.. I plan to see a psychoanalyst... I trade Mostly on options and futures. Anybody ever makes money from the stock market, unles you are a very LONG term investor... I am too impatient
The level of risk that comes with the stock market is severely diminished if you have some idea of what your doing. There are tons of books, and even free stock market games that will give you the knowledge, and experience to trade successfully. It's not as hard as it looks, especially with the right amount of confidence. It's really addicting at times. I always get stuck watching the real time charts, and I can't pull myself away. The stock market reminds me of a elaborate game, so it's like a competition for me to score the highest amount of points.
Stocks are very risky, even when you know what you're doing. True, you can diminish the risk, but you can't eliminate it. You can lose everything you put into an investment (especially in today's market). I buy stocks, but usually through DRIP plans which save me broker's fees (though that's less of an issue today with online brokerage) and I let them accumulate. I'm by no means a day trader. But I keep my overall investments down because of the risk. So if I invest 17% that's all I can lose. But if I invest 80% I can really mess my finances up.
The absolute key is to minimize your loss. My rule of thumb is sell at a 7% loss. If I buy $20,000 worth a $20 dollars stock, and if the stock drops 7% I will only lose $1,400. Which may seem like a lot, but if I'm accurate with my other investments, then that loss should be balanced out. Your right though this market is volatile, and it can be extremely difficult to create any balance. Today was a disaster on the market, luckily I stayed away from anything too serious, I knew the Iran drama would shake up the market even more. Either way if your not willing to risk money, then your never going to make a lot of it.
i have done stock trading but now i am not doing this as the markets were simply bottom out. god knows what happen next.
Yeah, I have recently started doing a bit of trading in mining companies. Made a little bit of paper profit but the market has going down since then so my profits are less now.