I've been interested in investing for about 10 years now, but only lately started to invest(a little amount, to learn the actual ropes, rather then just the theory).
I met people that say they are day traders and they do well, and encourage me to do as well since they ate doing good for themselves, but on the other hand all my journey learning about stocks I've always been told to invest for the ling run, and that day traders never get rich (because of commissions and the fact that you can't predict stock values in the short run).
And it is make slot of sense, but on the contrary, you see day traders that, according to their own words, make a lot of money.
I would like to accumulate initial capital so I can invest it for the long run, but should I consider day trading in order to accumulate that capital in the beginning?
After all investing 20,000$ as a beginner in day trading isn't like investing 200,000$ in a less risky strategy kike holding stocks for the long run.
So us it worth taking the risk at the beginning, in order to make the initial capital?
Submitted February 20, 2017 at 02:02AM by Nlz90 http://ift.tt/2lco1px
