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Trading in Retirement


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Should you Trade In Retirement?

That depends on a lot of things. Mostly financial. Do you have some capital you can afford to lose if the worst should happen? Do you have the skills needed? Would you be able to trade using proven strategies and leave the emotions out? Trading can be very profitable. A reasonable good trader can easily return 20+% on his capital annually. And by compounding, it can grow faster. There is a new trading in retirement site that might help with some tips.

Also you need to determine your reasons for wanting to trade. Is it because it is exciting thing to do and a challenge? To earn income from your capital, or maybe just to grow your nest egg. Those are the things you need to consider.

Why trade in retirement?

“You’d be amazed at the number of older people taking up trading,” says Kevin Cook, an options strategist at TheStreet.com in Chicago. “I think it’s a combination of demographics and technology.” For many retired traders the intellectual challenge and camaraderie that often surround trading communities are definite attractions. The prospects of beating the market, much less trading themselves to riches, are sketchier.