Hello all!
After my first month of trading with real money I am in the red. I did fairly well with paper trading but as I quickly learned trading with actual money brings emotional trading out. I clearly have much to learn. Some things I know I need to focus on are:
- Act on the chart, not what you feel. Don't let emotion get the best of you
- Cut loses quickly. You are not experienced/good/big enough to cut loses intelligently
- Don't chase
- NEVER buy into a losing position
- Keep your head up and keep studying
Posted Dec 15, 17 1:11 AMbyMalao
Received 2 Karmas
Yeah paper trading vs real money is 2 completely different scenarios - keep trying with small positions And study hard And you will Get better And better. Gl
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