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this is what I am wondering, why smart knowledgeable people are afraid to try, it costs nothing, but time... There are many international brokers, you don't ha
by SirLJ 9y ago
this is what I am wondering, why smart knowledgeable people are afraid to try, it costs nothing, but time... There are many international brokers, you don't have to live in the god old USA to trade the stock market...
- hluska 9y agoStock trading costs nothing but time??? Stock trading, particularly when you're working with less than millions, is a very easy way to lose most of your capital.
- SirLJ 9y agoBuilding trading strategies cost nothing, but without one, you better go to Vegas with your million, you'll have the same chances of making money...
- hluska 9y agoNobody will get paid to build a trading strategy until they've already used it (or another strategy) to show high returns. The OP is looking for a way to make an extra $10,000 a year. This does not fit that criteria.
- SirLJ 9y agoHe is going to get paid after he builds the strategy... still better odds compared to the other advices like going door to door or working for minimum wage in India
- csa 9y agoBecause the road is paved with the bodies of those who have tried and failed. I mentioned this to you in another thread, but you simply need to be more specific with your advice. Your median smart person trying to do QT does not beat the market over any reasonable time horizon. Most just flat out do worse before quitting. This person is looking for a solid $10k per year. Suggesting that they do QT is about the same level of usefulness as telling them to write a book and get it published. Sure, it's doable and perhaps even not that difficult for some people, but it's not particularly actionable information. To provide a contrast, the advice I would give would be something like this: - Go to stackingthebricks.com from Amy Hoy. - Learn how to find a niche market of professionals and find their pain points. - Learn the fundamentals of making a product or service that these people want (e.g., an e-book) and how to market it via Amy's various writings and those she links to (her network has many prolific writers). - Execute. This is a formula that is actionable but also has enough abstraction such that the reader can tailor it to their own preferences. If you could do this for QT, your suggestions will likely stop being down voted so much.