I don't speculate on stocks, however, I do have cash parked with a friend who is a "real" currency trader for a financial institution, and trades his own accounts (and their slaves, including mine) in parallel.
It's worked out pretty damn well over the last 12+ months.
I'd confidently say that over 99% of people that 'get into trading' lose all the capital they put in.
I was into investing on the stock market about 5-6 years ago but got out. I'm getting back into it within a few months. I've been collecting a ton of research since october,and going to come out with a plan to make me a Guru.
I heard a lot of Indian stock markets and people likes to make money from it. I am not a fan of Stock Markets and a lost some money 8 years back in investing forex.
Invest in equities. Worse mistake you can make is to not put any money in, then 10 years later have money worth nothing due to inflation. Two words though: Long term. Invest for 5-6 year terms. Also another important concept is diversification. Just go with ETFs. Get an account with Schwab, their 'One Source' program has commission-free ETFs in just about any industry. For instance I just picked up several RYT shares with a $0 fee. Awesome!
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