So someone I used to with referred me to a friend who is a stock trader. I gave his friend a call and his friend filled me in on the pros and cons (ie no max on pay, great for my mathematical/statistical skillset, flexible schedule vs time commitment where it can consume your life, people have unrealistic goals thinking they'll win the lottery, etc). Truthfully I don't know I could commit to doing it fulltime with all the big stress that may be involved although I was considering it and any high paying job has stress involved.
He told me about passive trading saying he could teach me and it should only take up 4 hours max/week while just making some money on the side. My concern is the gain/loss, I don't want to be losing money doing this. He claims every student he's taught always ends up making more than they lose. Having a strong math/stats background helps with his systems. I just don't want to be foolish and jump in and lose money (although he's said to be ok with rookie mistakes) and feel like I'm being hustled.
Can any of you advise me on day/passive trading and the risks involved?
Submitted July 20, 2017 at 08:39PM by FairMind21 http://ift.tt/2tv1F8g
