I have been paper trading for about a month now and I have gotten to a point where I know how NOT to loose a lot of money besides just having to cut losses and scratches (which is the majority of plays for me.) I can get small gains and am really starting to understand how to spot the big plays instead of just scalping. I am just wondering when do you know it's time to start trading for real. I would love some input from others on their experiences.
Thanks, Hayden
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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