I just decided it was time to jump in. I don't think there is a simple answer. Just go for it. I will say this...paper trading and real trading are two very different things from an emotional standpoint. it is much more difficult to cut losses when its real money you're losing. good luck, my friend. :]
Thanks for this blog post.. :)
Dip your toes in, and if its too cold, GET OUT! And try again when it feels just right.
When you are ready to swim in the water with sharks, then you're ready.
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Listen to @jamesorman, he's making a good quote from HTMM. Please watch the video lessons. Don't try to trade big like Tim. Don't be a dreamer. Tim has been doing this since 1998. I've watch Tim grow since the dotcom era. You have to make small baby steps consistently and be patient before you can move up.
Easier on the taxes, leverage like small cap stocks, more liquid, easier to specialize, less homework, easier to snipe trades, better trading times almost 24hr / 6 days a week, no pdt rule, no need to reserve shares to short, can commit less capital and get a better yield out. Learn the basics of trading from Tim Sykes and Nathan Michaud and then decide what you like to trade.
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Remember that the markets are bouncing right now, very choppy and still deciding where they want to go, i haven't even traded all week since there was no "amazing" trades that I came across, sometimes no trade is the best trade
^^^ amazing advice. Please do not hop into any trades, nor fall in love with them. For instance, on Wednesday for EYEG , you just kept the stock for whatevr reason hoping it would come up. please ride moves that are in play and ride the wave as Tim teaches. Surf the move and get in and out. focus. disciplined and patient. Goodluck
Thank you @Keldakel , @Patience_Trader , @TraderH , @DasBrain , @BowlesTrader5 , @ramster2k16 . Valuable feedback. Infact I used them today. Guess what ended the week with a profit of $80.00. VHC towards the end picked up, entered at 6.9 and exited at 7.35 :) Cheers!
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Thanks guys. @Roma3588 I entered at 3.78, do you guys think it will better to wait till tomorrow morning, we have a spike. If it goes below 3.20, I will cut off.
sell now
you had a nice profit on 4.16 :O you should have sold... but anyways, 3.20 sounds about right, good luck anyways man!
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@bishwish just became a fully transparent trader today!
Nice watch list. I was also very interested in a few of these.
ECA looks bullish, LONG in my opinion
Thanks mark, and I think ECA will probably uptrend sideways for a bit, but there's too much negative momentum. Watching for resistance tests. Anything can happen.
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