Trading...

After about 2 weeks of playing around, I finally decided to get down to doing research and exploring what I wanted to be doing with my life. Being a Finance graduate, I decided to look deeper into the possibility of doing online trading in derivatives so as to gain significant profits in the minimal amount of time. I will not go into details on how these products work as you may be able to read them on Wikipedia.org for more detailed explainations.

Derivatives
http://en.wikipedia.org/wiki/Derivative_(finance)

1) Options Trading
http://en.wikipedia.org/wiki/Option_(finance)
http://en.wikipedia.org/wiki/Options_Trading

2) Futures Trading
http://en.wikipedia.org/wiki/Futures_contract
http://en.wikipedia.org/wiki/Futures_trading

3) Forex Trading
http://en.wikipedia.org/wiki/Forex
http://en.wikipedia.org/wiki/Forex_trading

There are many ways in which people trade derivatives.
The technical trading methods below lists some of the ways traders make their money.
http://en.wikipedia.org/wiki/Technical_trading

1) Japanese Candlestick Charts
http://en.wikipedia.org/wiki/Candlestick_chart

2) Pivot Point Calculations
http://en.wikipedia.org/wiki/Pivot_point_calculations

3) Parabolic SAR
http://en.wikipedia.org/wiki/Parabolic_SAR

4) Fabonacci Number
http://www.traderslog.com/fibonaccitrading.htm

Trading in essence is not entirely complex. It is as simple as buying low and selling high. Alternatively, borrowing a stock, selling high, then buying low and returning the stock.

However as time progressed and derivatives came into the picture, trading became more complicated. With more products to look at and more methods to trade and hopefully, out play the rest of the market.

There are many courses which teach trading to suppliment your income. I have been for some of them. My advice to any prospective client is to do some research on the speaker before signing up for the courses as the course fees might not be cheap. Therefore, some reviews from forums or other netizens who have been for the course would help to make an informed decision.

As I am not in a rush to decide on what I will be doing with my life, trading will be put as an idea which I might proceed to embark on at a later date.

Analysis
Pros:
Derivative trading might have a low start up capital for high gains.
Trade within the comfort of home.
Trade as and when you feel like it.

Cons:
Derivative trading has high fluctuations in prices thus a possibility to lose alot or make alot
Require intensive reading and possibly analysis.
Stress level may be high if you are risk adverse.