Thread: NEWBIE
View Single Post
  #7 (permalink)  
Old 05-18-2008, 02:15 PM
jaro g.'s Avatar
jaro g. jaro g. is offline
Senior Member
 
Join Date: Mar 2008
Location: munich, germany
Posts: 106
Default

hi j77,

IMHO trading success is not dependent on initial amount of money invested... it is much more question of money management (number of positions, position sizing, using stops loss limits, keeping some cash for buying opportunities, ...), experience, time invested for watching the markets etc.

... and i would suggest to find a cheap online broker and invest just in stocks, indexes, ETFs and the like and i would not suggest investments in highly leveraged products like CFDs, options, ... why? well, if 'your' stock drops 10% so you have lost 10% of invested capital. by investment in CFDs or options you would probably lose all money invested in that minus-10%-scenario :-)

good luck,
j.
Reply With Quote