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There are people who make their living very easily by trading in the stock market and/or Foreign exchange (or Forex). But, in order to make money in this way you should know very well what you're doing, otherwise you most probably end up losing all or most of your investment. You have to learn not only how to know what to buy and when to do it, but most importantly you should learn self control - how to follow rigidly certain laws that will help you make sure that you make money - and not being carried away by what may seem very promising for a moment and may make you lose all your investment at the next.
In order to make sure that you actually know what you're doing and how to do it, you should study how to do it. It's important to take a practical course on the subject from experienced traders that actually making money for a long period of time, and to have the opportunity to practice on a simulator for sometime before risking your real money. There are courses you can take and there are some websites that give you a simulator to practice, and maybe also some guidance. If you start doing it without studying and practicing you will be just gambling, and with gambling you may make your living one day and starve on the next. I would never recommend that to anyone.
When it comes to trading on the stock market you should know that the American stock market is the best and less risky than other stock markets for various reasons. Some of the most important reasons are that you can give a "stop loss" order which is impossible in any other stock market, that there is a great volume of traders, what makes statistics more reliable and that there is a great variety of stable shares to trade. Therefore it's best to take a course that teaches you how to trade on the American stock market online using real time programs.
Considering the unstable world (and American) economy, I recommend day trading and much less long run investment (although that can also be profitable for those who are very expert and have a very significant sum of money to invest). The day trade main limitation is that you have to be free at trading time - 9.30 am to 4.00 pm. If you do it while working or having some other engagements good chances you will end up broke… Although day trading doesn't require many hours and it can be done along with your job (and it is even better at the beginning) you cannot do it if your job is at trade hours. For someone who works at his job in these hours it is absolutely not recommended. In this case trading with foreign exchange would be better, because this kind of trade is going on 24 hours a day, so you can experience it and learn while maintaining your regular job, and become gradually expert to an extent that you can leave you job. But again, please don't do it with real money without first studying and experiencing on a simulator - be a trader not a gambler.
Another thing is that you have to have some capital in order to make your living with it but in a way not having a capital is even better in the beginning. Start with the minimal capital to experience and learn the right technique and especially the right mentality. Most brokers offer some leverage. Use it only when you feel confident, and after having some experience and increase your capital. Trading properly and saving your earnings you can accumulate the capital you need in order to make a steady income for your maintenance.
When you look for a trading company to work with see who gives you the lowest fees, the highest leverage, a trading program that is simple to use, yet contains the important orders, and that gives you information in real time. See if they offer you trading courses or a virtual trading room online (it may be as a separate service with a separate fee). All this kind of things can be very useful, especially for the inexperienced.
Here are some websites that offer useful information or tools:
In this website you can have a simulator to practice with: stocktrak.com.
In this website you can find some background information and basic terms: marketwatch.com
In this website, at list at the time that we're writing this page, there is a free offer for a trading course. In general you can find a lot of information there: stocktradingmarket.com
In this website you can find a list of useful links where you can have free education on different aspects of trading at the stock market: stocktradingtogo.com
In this website you can buy a foreign exchange system. We didn't try the system so we cannot say if it really works, but you can have 8 weeks guarantee trial period and a free e-mail course even if you buy nothing, so it is worthy to try that: trendforexsystem.com
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