As an afterthought consistent with helping you. I should have said I have been in the business since 1974 and have had contact with hundreds of brokers as co workers and people I supervised. Some of them had hot streaks of a couple years and maybe bought a pretty amenity with profits, but by and large active trading will not be successful. Contrast that with the number of accounts over $1,000,000 in 401k's and IRA's where people only invested a few hundred dollars at a time, but systematically averaged their cost into the market over many years. I can't point to any failures as long as the saver didn't bail in big down markets but just kept accumulating, (sometimes hard to do in the face of negative press reports day after day for 2-3 years). I have many accounts where total investments of $10000 made over 4-5 years are now $250,000 to $500,000, many many years later. Besides thrift it takes time, (a long time). Obviously uncertain, but this kind of growth happens most of the time as long as a person is diversified in a fund or similar arrangement. If you are an older person, those big results will not happen, but it is still a better path than speculative trading. That 2nd income trading will subtract from the first income.
End of Soap box
