MinuteMade

Be wary of traders who speak in absolutes The ones who give you two paths, if this then that, are the ones you want to pay attention to Because at the end of the day, our job is to have a plan and to execute based off of it -- not to predict No one's got a crystal ball and no one has a magic indicator that will tell you 100000% what will happen

Might ruffle some feathers here, but if you're 20-25 y/o and want to make big $$ in the markets, I would: (...and this isn't that long, read to the end) 1) get a 9-5 job w earning potential first (sales, etc) 2) save some money over ~3 years (goal: $25-$50K) 3) learn aggressively about markets in those ~3 years 4) start swing trading common stock on the side 5) build confidence + track record 6) continuing growing account 7) if successful, add more $$ from job into account 8) hit $100K swinging shares 9) compound 10) never need excessive leverage, short-term options, or huge risk *MOST important point* Don't start out with $1K and try to grow it to $1M in a year (or three)...the amount of grotesque risk/leverage you need to pull that off will set you back a decade when it comes to bad habits. Most people want to take the fast path (options, margin, leverage, loans), and get rich quick. But if you start with a solid foundation of hard earned money (the $25K+ you saved), rules, knowledge, and a respect for capital...you have a 1000x better chance of winning long term.