I'm a Newbie here, this is my 1st time posting. I'm have been studying very hard every waking hour I can spare I have one of Tim's videos playing; on the drive to and from work, at work, when I'm home. I've given up my social life to learn everything I can. I have been driving my friends and family members nuts talking about stocks and how I'm going to be successful at trading. Trading stocks is the only thing i think about day-in and day-out. So I broke down and opened a Robinhood account, and put my last $5 in my account.
Okay I know what all you people are thinking five bucks, WTH she cant trade with that..... Well when you are a single mom that only makes 32k a year and has two kids. Trying to make it on your own every penny counts. I can't tell you how many times I have only had .25 left in my account after all the bills are paid. That is cents not dollars!!!
Today is the beginning of my new carrier in Stocks!!!!!! I am determined to succeed! I know I will have many failures but I will not give up! As Tim says, “90% of traders will fail.” I’ll will just have to be the 10% that makes it!!!
I started my watch list! BTW I’m going to be the true penny stock trader here!!! Lol I’m only looking for stocks that are under $1, have a high volume and a high number of traders and are on the move and fit into Tim’s patterns.
Today I started with TOPS and bought 10 stocks…. And of course what does it do? CRASHES!!!! (dumbass) I SHOULD HAVE KNOWN!!!!!
Good thing the stocks are only .19 each and im going to hold on to them and see what happens over the next few days...
For tomorrow im going to watch RAS. It was on my watch list yesterday I should have invested in it rather then TOPS, but I will be keeping an eye on it tomorrow.
Wish me Luck!!
Good Luck, be sure to keep studying so you can grow your account. The more you study, the better trades you'll make from what you learn.
You should give paper trading a go. DAS platform offers free 14 days trial with level 2 and real time for nasdaq stocks during trial with I think $40000 buying power. You can google DAS free trial and it'll take you to the download.
Best of Luck to you on your new journey, its starts out as a rough ride but as you learn it'll smooth out
thanks everyone and I will look in to DAS thank you
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