RE: I have stopped looking now.. it is so depressing8 Jul 2021 20:43
Hi all, a message to anyone interested in trading shares. Firstly, it is not a get rich quick scheme. You have to do your due diligence. Even then, you may need to keep the share long term as the markets may not agree with you. You are not guaranteed a return. Secondly, most private investors lose money, I think the stats are, 80% of private investors lose money: You have to be very disciplined and learn to read the markets and the share price movements. This can take a while and is not easy. Thirdly others will ramp or deramp a stock but ALWAYS DO YOUR OWN RESEARCH (DYOR). Fourthly the rule about the risk of buying is caveat emptor ie let the buyer beware. You can’t expect others to tell you all the negative issues with a stock it’s up to you to work it out for yourself. Finally, don’t invest what you can’t afford to lose. If you have some spare cash, invest away but if you’re relying on it to make you’re next mortgage payment or kids birthday present, don’t do it. This is a serious game. There will always be winners and there will be losers. I have just about held my head above water thankfully but it’s through lots of hard work, due diligence and research. The markets are not kind at the moment and can be unpredictable. Even seasoned professionals are losing out, so if you’ve done your research, and think it’s a winner then invest what you can afford to lose, but no more. Just a note from me with my philosophy learnt the hard way over the last few years .GOOD LUCK ALL!