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Bjorn Ng
13 Jan 2020
Business Analyst at 10x Capital
Hi there, to answer your question straight, no you should not be trading shares. In fact, take the time to build up your investing knowledge first - read more books, guides, open your brokerage accounts. And at the end, I hope you would replace "trading shares" with "investing in top quality businesses"!
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You got to start somewhere, trading requires you to understand your temperament as you trade with REAL money. That said start trading with small amounts to build up your udnerstanding of yourself
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A little contrarian, but I would recommend to:
Open a trading account
Read up whatever you can on the topic
Have a small amount that you are prepared to invest
Do your own DD and buy your first stock
Observe your emotions and how you track the stock
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Billy
08 Jan 2020
Development & Acquisitions Manager at Real Estate Private Equity
I'm not really certain if you use the term trading losely or you really do mean trading. If you are ...
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Shares are considered high risk and you must be mentally prepared to write off that amount of money. Follow stop loss and take profit strictly, never let your emotions take over.
You should start by engaging in lower risk instructments such as funds or bonds before dabbing into shares.