practice makes for profits.

I've had an trade account for many years, I think when I started trading with Sykes there was 3k in it.

Thank you all

Congratulations 😊

Congratulations!

Thank you all

If you have not already practiced paper trading while studying please practice. Then once you have confidence with consistency then trade with small money.

I have been practicing paper trading for quite some time but i honestly don't know if i am %100 confident in my ability to trade with real capital, so i will keep practicing until i reach that level. Thank you for your time, it means a lot!

he did lose it all but he had money from a summer job saved he used to start again in summer '11

Potential short opportunity soon?

I see you made money but not sire if the thought process makes sense. Resistance was 5.10 so your figuring it will become new support (that makes sense). But then you buy when after it breaks that support at all the way to 5.03 (buying under support - here's where its gets sketchy). Then you say your confirmation is when it when it bounced twice at the 5.10 area, after you entered under that support area. If you lower your time frame enough there are bounces everywhere. And if you identify 5.

...And if you identify 5.10 as support and buy under it, is your entry at 5.05 not entry at an arbitrary bounce that so happened to also be a near term bottom? Shouldn't you be buying after support prove to actually be support with a stop under that area?

I know very very late, but the 5.10 was double top, usually does not breakout the first few times. If you notice, it bounces off the 5.00 area from waay back. Thats how I knew it was support there.