Today is my first day trading.. So my thoughts on starting out
I see so many people on here throwing in ideas in their blogs and watchlist, yet look at their performance and they are down like 2k. Like why would I be taking advice from someone who is not even profitable?
My advice for anyone like myself starting out trading and having done lots of studying, is to really forget all about all these different ideas/setups in stocks. Focus on 2-3 stocks IN PLAY. Right now, all I see IN PLAY is OHRP. Not all traders will be focusing on the same stocks but you can bet OHRP will be on almost every traders watch list today because it is clearly IN PLAY.
Anyways thats just my opinion after seeing so many traders here posting so much random junk and their profit chart is well into a minus. So focus on whats IN PLAY and once you've grown your small account, thats when you should play with different ideas.
Apart from that guys.. have a good day and remember trading should be fun and making $$$...
Posted Jul 16, 15 4:33 AMbyKhalil
Received 2 Karmas
Hello there good luck. I also i'm new.... Just studying as much as i can. Any tips?
Hi, I'm also new and I'm having some difficulty determining the entry point. Any tips on what to study? Thanks!
Hey guys.. for me today level 2 has been a huge help in my entry points! without it now I feel like im trading blind. Equity Feed give you a free trial with their platform that gives you level 2 quotes! also I use FREESTOCKCHARTS.COM for free real time charts however they can get delayed sometimes so be careful
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