THANK YOU so much for this post! It's eye opening. Best of luck in all your trades.
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I wouldn't be surprised if you are Tim's first woman millionaire student...unless he already has one.
@Bullionaire Thank you so much for saying that! I've had a bad week. Thank you for making me smile! :) At this point, my goal is to be profitable, but it would be quite the accomplishment to make top student. Thank you for the encouragement.
YW. You are really taking your studying seriously. As Tim says, first you get the knowledge, and then you get the money. I am in a practice account because it takes a great number of trades to figure out the finer points in trading. We are all like babies stumbling around for a while while we learn to walk and then run. Surgeons don't just pick up a knife and start operations. They train first. You are doing what you need to do to succeed. Keep up the good work.
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I hope you are using a practice account until you can iron out your strategies.
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@Bullionaire Hello Carla, i understand you paper trade but if you would trade with real money how would you do it as far is the Currency Conversion goes. Would you Convert your money into US Dollars and then trade the us market from a us account? Or some other way? Thanks
Hi Enricho. When I trade with real cash, I convert my money from Canadian into US dollars to trade on the US markets. If I am trading on a Canadian market, I don't have to convert. I trade both Canadian and American money from my Canadian account. I hope this helps. Are you Canadian?
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Do otcbb stocks trade after hours? https://www.youtube.com/watch?v=vHUPWLM8o7A
:)) :))
Ok that is good.
haha
lol!
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@gordonmartin I hate to be wrong so it does bother me, paper trade or not. I'm learning either way, with real cash or by paper trading. I agree that it hurts more when you lose real money.
Yes, I can see that makes sense Carla
Hey Carla, I find "the game of stock", which runs on Android not bad. If you paper trade the risk is that you give prices that are better than actual... https://play.google.com/store/apps/details?id=com.nyxcore.stukulu&hl=en
Congratulations for your solid profit! you are very driven to do a lot of paper trades... I just started with some tiny real money positions... I bought 5 WMT yesterday and I hope to get 20 KO tomorrow.
I've lost a lot of real money so I have rethought my learning process to include a lot more paper trades. That's an iInteresting stock market game. thanks. @stefano
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[TimAlerts] $TTHI had a panic yesterday over a failed phase 2 but it's not their main drug. The stock fell over $6 and now it's turning around in p/m

@ericgtm The more you risk, the more money you can make so your account can grow quickly. But the more you risk, the more you can lose too. From that perspective, I don't think it's too much different from trading a small account or small positions of real cash. However, with 10,000 share positions, it's not so simple to get orders executed so in reality, I might not get my orders filled so easily as I do on paper. Also, there is a psychological difference in trading with real money. It's not as easy to be confident with decisions when real money is on the line. I begin second guessing myself and changing strategies mid stream and that's not always a good thing.
@ericgtm Tim Sykes mostly. I am trying to learn his strategies but I'm not fully grasping his way of trading yet.


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