@9er9erjo So important!
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@Egide_Chichi Thanks!
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@ragincajun83 yes, volume is always a big factor
@jetta absolutely, no problem! I still have a lot to learn myself but this has definitely helped get on the right track
Hello, only 24 hours here. And rusty at studying. Where is a good place to start to look up the info you described for free?
@johnsonmathexpert At the beginning I was watching a lot of Tim Syke's youtube channel videos. There's a lot of information you can find there. Also, Tim Grittani also has a YouTube channel with some videos posted that can help. There's a lot of free sources out there to get started, hope that helps
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paper trading is the way to go when you are new man. I was the same 5 years ago. I blew up my account like 3 times. Now this year after studying, I said F it, I'm going to paper trade until I am profitable. It really does teach you the setups and price action. If you can consistently make a good amount of profit per share, then you can use the same skills for real money. Focusing on the best setups and maximizing your profits is all you should be worrying about. Worry about the big bucks later.
Totally agree with you. My biggest weakness is longing setups right now so going back to the drawing board and tracking some different stats with paper trading again. A big reason I struggle with longing right now is that I still need to become more comfortable with dip buying into weakness. It's a current mentality that holds me back quite a bit
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Yes the little $100 here and $50 and $25 here they add up quickly and usually my style of trading! I'm a market single or double trader not a home run hitter
That's great to hear. To me, anything that's 5% or better is a solid move. Also depends on the overall setup too but consistency combined with singles is the way to go long-term
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Learned a lot over the past 2 weeks with the Coronavirus related plays... FOMO hit me a bit, took some completely unnecessary trades that had no real edge and so on. But I've finally discovered some consistency that, if I stick to what I know, will continue to grow. That's rule #1 and most important for me to remember
So far the Trading Tickers DVD with Tim Grittani has been an absolute learning experience... It's already opened my eyes up a lot on many of the mistakes I have been making on the long biased side of trading... I've learned that being more re-active to trades really does make more sense with my personality rather than anticipating what stocks could do and entering due to those feelings. More updates on this soon!
@StevenHoechstenbach just became a fully transparent trader today!
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