Re: NOOB investor, help appreciated
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1. Where is the edge in trading?
a. I THINK I understand the edge in long term investing, as the economy is usually moving forward...you make money by investing in various parts of it.
b. I don't understand where your edge is in short term trading (I'm talking about weekly/monthly, not by the minute). The only edge I understand is insider trading, where you buy the stock for less before the market realizes its worth.
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Insider trading gets you prison if you're caught.
"Edge" implies an advantage over other market participants. I don't think you want to think like that. As far as where profitability comes from, there is no "the". There are countless ways that different people use to make profits.
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2. I have a 10k bankroll. Can I even trade?
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Yes. Not daytrade extensively. Have realistic expectations.
Most people go broke several times before finding something that works for them.
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