There are many emotions when trading stocks. You don't want to lose money but at the same time you want to make the most you can. Your scared to trade and lose but your also scared to make a potential winning trade. I was supposed to trade with a few hundred dollars this summer and instead of having a $2000 trading account I spent my money on materialistic things (a new computer). Not my best decision so far and If I could return this and get all my money back I would but I can't. Anyways when you are trading with real money you are VERY VERY VERY scared to make a trade. When you are Paper Trading you know that its not real money so you're not scared. If you go all in with the most risky stock you not scared compared to a real account.
My account only have $250ish right now but planning on adding another $250ish in my account in the coming days or weeks. Every month i'll be adding money to make the trading account larger because $200 or $500 is too little to trade with in my opinion to make a decent profit. Im also gonna try to make some extra money by making people websites. If you need one let me know :)
I'll make a video lesson on here (if i make a trade or not) almost everyday to share what I think and my emotions. Also I said im going to post watchlists in a past blog post.. I forgot about it
Let Me know what You Think!
Gagan Kumar
- Web Developer, Graphic Designer, SEO, SMM, Stock Trader (now)
@thekumar Everybody has emotions issues when trading. I'm also scare of losing money so I miss some trades that spikes without me and then I feel worst. I think successful trading it's 20% knowledge, 80% discipline, emotions control and consitency. That's why so few achieve something. Good luck !
@kmilo327 papertrading emotions and real money trading emotions are different is what im basically tryng to say
@prometheo33 twitter kumar_official and instagram the.kumar
@TheKumar and you're 100% right.
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