Trading the markets (UMSv2)

[Shannon]

If I might point something out... perhaps the issue is that what you call "trading" is really gambling.  In any gamble, the odds of losing are at least 50%.  Perhaps you might consider the Warren Buffett approach: pick a good stock you know is a good stock, buy and hold for decades if not forever.  Over enough time, the market always goes up, and this type of trading is easy because you really only need to find one good stock to invest in.

If you do this with a single good dividend stock and re-invest the dividends, then all you're doing is compounding your wealth over time.  Adding to the principle with regular injections of new capital, and then compounding your principle with dividend re-investment.  Over a decade or two, with the right stock and the right amount invested each month, this is a guaranteed means to achieve huge amounts of wealth financially.

I recall hearing something about how the stock market is a tool to transfer wealth from the impatient to the patient...