Can I trade on the stock market

It depends on your experience and knowledge in the market. Many have lost money in stocks, and even if they gain, they lose much more. This happend to the average man. Stock isnt a gold mine. If you're well aware of the situation the market is and was in about 5 years, you'll do moderately well. Only real pros can say stock market isnt all about luck, after all just yesterday Satyam Computers had a shares of Rs150 each, and in less than 24 hours, it fell to Rs 38. This is an exceptional case that dont happen often, but those who had 500 shares in Satyam would have suffered great losses. Always invest money you can spare into the market, and never depend on it for your livelihood. Happy mylotting and trading.

assuming you are talking about the Indian market....its only good to buy shares now because all the shares are down big time from about 8 months. lately due to the satyam scam its shares hit rock bottom a total loss. but generally speaking if you are willing to invest in shares long time you are bound to get profits....when we started investing we got about 5000 - 6000 profits per month from not so much investment but like i said then suddenly sensex exploded for some time and after a few weeks went downhill..now all our investment is stagnant no profits....so if i were to earn only from shares i would be in a loss but its not our source of income.what some people do now is buy some more shares and sell it.there are many tricks to earn.i have seen people come to the exchange office with no money in the morning and make lots of money and leave in the earning ..now that's gambling....risk... if you are to invest long time you will minimize risks...bottom line...don't gamble play safe you will get profits.

Hello techguru, it all depends how risky you want to invest. If you take one of the riskiest investments like - futures, options and warrants -- Good luck, you can earn easily several 100% in one day but you can also loose all within several hours. - stocks from technology indexes -- Good luck, in these times less people want to buy computer, mobile phones, routers, printers because many people will loose their jobs soon. - stocks from the Nifty, Dow Jones, means large cap(italization) companies -- Good luck, choose them based on their earnings prediction and business concept Or look in my blog for a good dividend strategy which has beaten the Dow Jones Index very often in the last 30 years. I like dividends very much because you get paid from the companies each year, sometimes they make the payments every quarter. This strategy worked best for me after the tech bubble burst in 2000, returns since this time of 150 to 500% + each year dividend grew from 5 to now 12%. Don't buy banking stocks at the moment, you can add them in the end of 2009 if they don't have any more losses. Buy more of infrastructure, gold mining, oil companies because the government want to increase debt to build more infrastructure and create jobs, for this they need some commodities, energy and so on. Debt is always a good sign for rising gold prices :-) Have fun with the stock market, but don't loose your shirt with the money you invest in the market, keep 40 - 60% of your money in a saving account.