Hello fellow hoarders. I have a question....has any of you tried trading as a side income?
I haven't, but I'd love to know if some of our fellow Pennyhoarders have.
I did it years ago- it was a lot of watching markets in the middle of the night and being able to handle risk- it's exciting, scary, exhilarating- I did it for a few months but decided that I needed to focus more on my day job- it's a lot like poker or sports gambling- if you put the time in to study everything and really focus on it, you'll win more than you lose. But things happen out of your control, so you need to be able to stomach risk. I won't lie- it was fun for awhile since I did it as a competition with a friend, but to do it right took too much time. When I retire, I'll probably do it again for the challenge 🙂