I started trading with very little money in college. I used most of my savings account to trade. I don't recommend that at all. I made some money in the beginning, but over time I learned that trading is very risky and investing is a better approach for long term results.
Trading is more like gambling, because no one knows what will happen in the short term and the market does not always act logically.
Investing is long term and uses risk management, diversifying, and dividend strategies to provide good returns while limiting losses. No one can time the market, be smart and create an investment plan. (stick with this blog and we'll cover it or look at some strategies on-line)
Also once that plan is in place set up a payment schedule to constantly send funds into your investing account so that you are always adding to your investments that accrue dividends and capital gains over time. As I said in the beginning, investing takes time but you would be amazed what you can accomplish with a solid and patient strategy.
There is so much to cover on every subject I have to make multiple posts to really cover it in depth without making the posts unreadable. Check back for more on this subject.
My Coke Reinvested Dividends post gives an example of what can happen if you make your money work for you.
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