Puncak Niaga....

 

Was asked by a futures this morning on "any tips of stock to buy?"

 

Futures traders don't make good stock investors. First of all, they don't have the capital, they are in the futures market "full time" to try to make an income from 'active' trading of the futures market. Yes, this is indeed possible for the MINORITY of those who want to enter the leveraged market. They can start with a small sum and if the gamble pays off can make an income from the market and over time a small stake.

 

However, successful stock investing requires capital, peserverance, ability to stay the course and not be shaken out by 'market crisis', which the futures traders (Local Participants) do not have. A slightest move in price makes them jumpy and afraid of their own shadow and they 'bail out'.

 

There you have it. Trading as a Local Participant can make an income, but you cnanot get wealthy from it unless you are the lucky minority...