Hi guys. Posting here seeking some direction as I believe there are like-minded individuals or if nothing else, people with experience that were at some point where I am now.
In short, for many years I've excelled pretty well with establishing wealth in various MMORPGS largely through trading. Person to person, auction houses, "grand exchange" and similar. More than ever I want to take those skills in to real world markets with the belief I'd achieve returns that were at minimal a supplemental income. Questions I have that have held me back so far are things like what type of asset would be most comparable? What exchange(s) allow for the smallest trades where what profit is made is entirely consumed by the commissions? In the grand scheme of things, I actually enjoy the trading, the monitoring and things of the nature and not simply another individual hoping for a "get rich fast" unicorn approach but instead, looking for an avenue with minimal start-up cost in which I could turn a regular profit off of a higher volume or frequency of trades. Am I unrealistic in whats actually available, or am I correct in assuming what I hope to achieve is possible? Any input and direction would be greatly appreciated; the deeper and more direct, the better.
If nothing else, thanks for having taken the time to read.
I know how you feel, i have always enjoyed accumulating currency in games and even on here... as you can probably tell.
I'm still new to stock trading have like 6 months experience, but i am finding it fun and very profitable. If you can learn about buying/selling calls and selling puts you can generate income every week on your stocks. For example I have bought a risky stock in the past few weeks which is $4000 in profit, but i have also made $1200 selling covered calls which has obviously reduced my risk by a decent amount. Hopefully it will continue to steadily increase and if i keep selling covered calls, in time i'll reduce my risk to essentially 0 as i will have received my initial capital through the covered call premiums.
I do almost all my research watching youtube guides while playing games. Its amazing how much you retain and learn while just having guides on in the background.
The only problem is the stock market is at an all time high and everybody is an expert in a "bull" market.