>Tradings stocks for income
Yeah, unless you're already independently wealthy, it probably won't work.
Not because of lack of talent or anything like that. It's more that the learning curve is really steep, and you may make very little or even lose money the first few years.
Let's say two years of moderate losses ($5,000 total) and
3 years of halfway decent gains (maybe 12, 17, and 26 for a total of $55,000).
This is all spread out over 5 years, which averages 10K for you a year.
See what I mean? You would've needed to do 5 times that good for it to even be equivalent to a 50K a year job.
Quitting stocks
who is that chick?? somebody said something about camwhore?
we've been at it for days and no answer has been provided. we're all going crazy here
>I bought stocks and obsessively watched them
This is why you lost money. Find a good set of investments and stick with them. Always go long when you start out, if you watch it too close you end up making bad choices with it. Just buy, don't sell. You probably won't be a successful day trader with no experience.
I buy it and I throw in a drawer, basically. I check it once a day at market close. I don't mind losses, I just hold the stock and wait for it to make money again, I find that a good stock won't waver much from it's average gain and large moves are rarely the death of the stock, it will return to average in time.
Portfolio has a total gain of 7.96%, I liquidate it once a year. Haven't sold anything in it yet