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Your best bet is to set up several virtual trading portfolios and see which strategy actually works for you. You will learn much quicker and make your first mis
by blurry 18y ago
Your best bet is to set up several virtual trading portfolios and see which strategy actually works for you. You will learn much quicker and make your first mistakes with fake instead of real money.
Google virtual stock portfolios or virtual investments - there are lots of websites that offer fantasy trading. One of your goals should be to simply find out how much time you can devote to your portfolio... most people find that its' a job and go back to index/mutual fund investments.
- adsyoung 18y agoIt's a good suggestion but not so applicable to the strategies I listed for the average investor above I think. These are all long term strategies. Finding the next Google or working hard to find the rare highly valueable opportunity, something which perhaps there is only a handful of great ones in a lifetime doesn't lend well to testing. Starting out with fake money is a great idea though.