Received 3 Karmas
Tunde1306
1
Tunde1306 Dec 13, 15 4:37 PM

Great post. From personal experience in having traded with a small account of just under $500 I don't see anything wrong with trading the entire amount, as long as you advocate cutting losses quickly and don't greed for mass percentage gains it should be fine. Which obviously most of small account users fail at this unfortunately.

BowlesTrader5
2
BowlesTrader5 Dec 13, 15 4:56 PM

YES YES YES!!!!! Also I 110% agree with never trade sub penny stocks. Thats the opposite end of the spectrum from regular stocks. Neither are predictable, only penny stocks are

Join now or log in to leave a comment
Abomb41
2
Abomb41 Dec 02, 15 1:47 PM

Sounds like you just need some support my friend! I have a feeling you're hitting a double bottom and soon you will break resistance and breakout to new highs! Trading is hard, but life is harder. Focus on the important things in your life, be grateful for what you have, take it one day at a time, and keep pushing forward. You got this.

Join now or log in to leave a comment
Received 1 Karma
CodyMeek
CodyMeek Nov 24, 15 5:56 AM

I usually take on too much at once too. Remember this, the man who chases two rabbits catches none. I definitely feel ya on the work bit, last 2-3 rotations I've gotten killed at work, practically killing my trading opportunities.

MiddleTrader
MiddleTrader Nov 24, 15 5:05 PM

@CodyMeek Talking about missing opportunity. I am busy at work since a week for next project release. Working as Software programmer, missed a lot of opportunity just last week. But what we can say, some days for you and some other against you.

Join now or log in to leave a comment
Received 3 Karmas
Tunde1306
1
Tunde1306 Nov 22, 15 11:40 PM

Great inspirational post here. Detailed in the sense that it is really accurate and relatable. "Why in the hell are you going to lose 2k trying to learn the same lesson?" Lol this really spoke to me because I literally spent 2k learning lessons. I started early this year with 1k. Blew it all in 2 days. Started again with another 1k a few months later. I got better but overall still blew it in about 2 weeks that time.

Tunde1306
1
Tunde1306 Nov 22, 15 11:41 PM

It really does help one to be knowledgable ahead of time and to invest in primetime studying.

CodyMeek
CodyMeek Nov 23, 15 11:43 PM

I definitely feel like you have to get your feet wet to truly understand trading. However, I definitely made it a point to know as much as I can in that moment in time to execute that trade successfully. My trades have been red, simply because of the way I've been trading. However, percentage gains, 4/6 have been successful. I would not have had this if I didn't put in 100+ hours ahead of time. And that 100 hours is minuscule compared to what is required to truly become successful. Now note this

Tunde1306
Tunde1306 Nov 24, 15 12:00 AM

To sum it up.Don't be a jackass and cut losses quickly.

Join now or log in to leave a comment
Page
of 5