When I started I did paper trade but I wrote all my trades down and still do. I only used money I had and would risk. I started taking notes on the plays I did good on and the ones I profited why I bough what time and the stock/catalyst/volume/ ect. When i switched to rreal money I took small positions with the same type plans and I have been slowly increasing my positions and getting more comfortable. Its very mental and can get emotional get that in check and study the charts and the odds wil
Good luck, I've been at it now for about 2.5 weeks and my first o/n holds where horrible choices. I've had 2 good size losses and one really big one that hurt bad, but I learned. 2 things that have helped me a lot where reading up and watching videos on t-line trading and spotting pullbacks vs reversals. Find your weaknesses and focus on improving them.
Also might I add I'm still about $250 short of breaking even after 2.5 weeks but my wins are slowing getting bigger and more consistent. I too was almost discouraged thinking I was a complete idiot for even trying but every day I remind myself that its a new chance to learn and to not try to bite off too much otherwise it'll bite you instead lol.
When I started I did paper trade but I wrote all my trades down and still do. I only used money I had and would risk. I started taking notes on the plays I did good on and the ones I profited why I bough what time and the stock/catalyst/volume/ ect. When i switched to rreal money I took small positions with the same type plans and I have been slowly increasing my positions and getting more comfortable. Its very mental and can get emotional get that in check and study the charts and the odds wil
increase in your favor.
Good luck, I've been at it now for about 2.5 weeks and my first o/n holds where horrible choices. I've had 2 good size losses and one really big one that hurt bad, but I learned. 2 things that have helped me a lot where reading up and watching videos on t-line trading and spotting pullbacks vs reversals. Find your weaknesses and focus on improving them.
Also might I add I'm still about $250 short of breaking even after 2.5 weeks but my wins are slowing getting bigger and more consistent. I too was almost discouraged thinking I was a complete idiot for even trying but every day I remind myself that its a new chance to learn and to not try to bite off too much otherwise it'll bite you instead lol.
Join now or log in to leave a comment