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Share trading certainly looks easy - but we all know that its not!

If peoples' initial foray into trading is in a bull market and they have success they think that it is easy and that they should be able to repeat the winning process. In a bear or choppy market its a different story and its not so easy to start with a winner.

Most people only remember their successes and put any losses down to bad luck. Its often like gambling where the rush one gets with a winning hand spurs on punters to try and get that feeling again and again.

For long term and sustained success the solution is education. Starting to trade without knowing fully what you are doing is a recipe for failure and the loss of capital.

See other threads for psychology of trading, fundamental analysis, technical analysis, money management and limiting risk to retain capital etc etc.

It seems that when all else fails be a contrarian. If the majority of beginners lose money share trading, using options etc then it might be a case of getting your partner to trade your money by doing the opposite to what you intended to do.

i.e. if you were going to BUY BHP then tell your partner that and they can then SELL BHP. If you were going to buy a CALL then tell your partner that and they will buy a PUT - statistically that should work!! LOL