Received 2 Karmas
Raylbc27
1
Raylbc27 Mar 11, 20 3:09 AM

Maybe should start trading with a paper account for awhile until you feel confidence again.. Are you reading books like chart your way to profits or trading for a living or Have you looked at Tim videos? There is ALOT of multiplication going on so you need to be ready to turn the other way on a dime. Check out this book. I had to read em to get an idea how to think and how this market game is really played https://www.amazon.com/gp/product/0071614133/ref=as_li_tl?ie=UTF8&tag=akim1121-20&camp=1

Raylbc27
1
Raylbc27 Mar 11, 20 3:14 AM

And just to let you know i was just trading to be trading 10 years ago until i found this chat and was down close to $20,000. I took a step back for a 6 months and did nothing but read those books and paper trade and i saw my gains were getting better and eventually i got my $20,000 back and more. You have to go in a trade WITH A PLAN. If the plan don't work you cut loses quickly! There will always be another trade..

8Munstercheese
8Munstercheese Mar 11, 20 11:20 AM

@Raylbc27 & @zinedu5.. Ray you are exactly right. I need to trade with a better plan. A lot of my plan does not consist of losing. Cutting losses is a lot easier said than done. Yes I've I watched all four of Tim's DVDs I have. Tim makes it look so straightforward and simple. I get excited. I realize how naive I am when I start researching my own tickers. The patterns are not easy to spot let alone predict. I know I'm lacking fundamental knowledge as far as market cap and float and shares traded

8Munstercheese
8Munstercheese Mar 11, 20 11:26 AM

TAB. I love it! I certainly need to find a pattern that works for me. Recognizing it and order execution is a huge problem for me. I will learn these patterns. You both you have no idea how much the support is appreciated. I'll be buying all the recommended books. And yes I'm planning on six months of study before I make naive trades. Thank you so much, you guys are awesome!

Join now or log in to leave a comment