rickyorea

Hey guys, I'm still not confident enough and afraid to start with the trading. For all the beginners out there, could you share a tip or two where to start? Thanks!

Jasrai
1
Jasrai May 30, 1:25 AM

paper trade at first to see how it feels being in a live trade. write down everything to why u entered to why you exited. the reason for the trade... everything. see what patterns you like such as dip buys on morning panics or shorting once support fails. then open a small account and just try to have green days. dont try to make 100-1000 off the bat just trade small ad most likley youll just break even with commissions. but once you know what works then open a bigger account and size into your

rickyorea
rickyorea May 30, 9:00 AM

Thanks, this is very useful info.

rickyorea
rickyorea May 30, 11:36 PM

@Jasrai hey just another question. What criteria do you suggest to use for scanning which stocks/ticker to look for potential trading? Thanks again...

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Jasrai
Jasrai May 30, 1:34 AM

how big was your first account size ?

papajohn
papajohn May 30, 6:30 PM

@Jasrai I started with about $12.5k, and added another $11k after I lost about half that initial amount.

richesndreams
richesndreams Aug 04, 8:40 AM

Thank you for this post. I have locked myself into a money-losing pattern. Hard to break stupid, bad habits. This post encourages me to stay focused on what DOES work. Thank you again.

NFlash
NFlash Aug 20, 4:39 PM

GREAT article!! It sincerely was just the inspiration that I needed! Sorry to ask but if you don't mind, would you mind sharing a template of your excel file? Thank you! NFlash,

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