Truthfully, trading has been a waste of time to some people and to others it has not. A way to identify the category you will fall into is to assess your situation and know if you have profited or if you are on the road to profiting from trading. Personally anything I commit myself to that gives me money in small amount, I believe that with more commitment can give me more. Trading a few times, It has not just all been losses, I recorded a few gains so I knew I was not wasting my time. An indication of a waste of time would have been if I was losing more and found whatever I was given as a tip difficult to understand, that is a good indicator that trading is not for someone.