1-2 hours of hands-on session with a skilled trader.
4-5 days of actual trading.
If you think it is going to take more than 4-5 days, I am not the kind of person to say it is not worth doing. Even though the actual trading session, if you want to stay on the right track of learning what is involved on a regular basis then do not hesitate to try it (but know what happens to your money).
And I also know not all people can even spend 3 days just learning a few things or even less. So I advise starting slowly but be patient while learning, and give yourself a break once in a while.
You should be able to trade a portfolio of 100 million dollar bonds in a single day or do what many call the “5-4-3 approach” of learning.
What is your preferred type of broker?
Lending club, credit union and hedge fund (if you want to trade on margin).
How long do you think it will take you to reach the $10,000 mark if you trade regularly?
How long did you need for your first trade in your own portfolio in order to reach $10,000?
How long did it take for you to reach $5,000 in your first trades?
What is your opinion on the risk of investing in the stock market?
The riskiest part of investing in our current economic climate is not the investment itself but the way so many investments trade. Even the stock market is trading so much that many people are not aware of the current risk.
For example, you may hear more and more people talking about risk taking and “trading with risk” in the stock market and I understand this and feel the need to tell you that. But let me point out that it is absolutely no reason to do this. Risk taking is a choice, not a fact. So many things can and do go wrong in this world and a lot of the time not all of them are in your control.
Here’s a few reasons why risk taking can go wrong:
You have to deal with a very unstable market. And when it comes to volatile markets, they can explode overnight like they did this last week or in other years. The market is unstable not because there is no hope for them, but because nobody can predict that
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