Bullionaire

@gordonmartin I hate to be wrong so it does bother me, paper trade or not. I'm learning either way, with real cash or by paper trading. I agree that it hurts more when you lose real money.

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gordonmartin
gordonmartin Jun 26, 15 2:03 PM

Yes, I can see that makes sense Carla

stefano
1
stefano Jun 29, 15 6:49 PM

Congratulations for your solid profit! you are very driven to do a lot of paper trades... I just started with some tiny real money positions... I bought 5 WMT yesterday and I hope to get 20 KO tomorrow.

Bullionaire
Bullionaire Jul 09, 15 10:09 AM

I've lost a lot of real money so I have rethought my learning process to include a lot more paper trades. That's an iInteresting stock market game. thanks. @stefano

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Bullionaire

@ericgtm Well...seeing a paper trade is only a fake trade, I can trade with any amount of money I want to. For my paper trades, most of the stocks are bought at 10,000 shares per trade which I could not afford to do in real life. For my real trades, I usually buy 500-2000 shares depending on the price and what I can afford. For my real trades, I also try to buy stocks that are around $3.00 and under but usually above $1.

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gordonmartin
gordonmartin Jun 25, 15 7:37 AM

Another way of looking at in, when one jumps in for real, one starts to learn for real, just my opinion of course :-)

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Bullionaire

@gordonmartin I do better when paper trading too. It's more psychologically stressful to risk real cash.

gordonmartin
gordonmartin Jun 25, 15 7:40 AM

I think though Carla, we definitely learn more when it is for real because we have the emotions attached to what is going on as well. Paper trading as you know if you lose, there is no big deal about it as you have not lost anyway

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Bullionaire

@SameerG My bank lets me paper trade in a fake account but none of the trades ever executed properly so I just gave that up. Now, I just write down the price and the time I buy it and sell it. Apparently, Interactive Brokers lets you sign up with free paper trading account.

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dandan80
1
dandan80 Jun 22, 15 1:20 PM

I feel you, it always felt to me that those paper trading ops were a little off.

gordonmartin
gordonmartin Jun 23, 15 5:57 PM

I was offered a 7 day paper trade to start with st, did open an account with st but never got to paper trade. I feel it is never the same, I always did better trading paper trades, but when money was on the line for me was a different story :-)

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gordonmartin
gordonmartin Jun 19, 15 2:31 PM

As the new boy all double dutch to me at the moment :-)

gordonmartin
gordonmartin Jun 19, 15 2:46 PM

Thanks for the vcomments, most helpful. I lost about £1500 stg on options in the 80's and have not been back since. I like this type of trading and do want to learn to do it well, and make it into a full time thing. Nothing worse than losing money more than gaining. Pleasure to meet you, Gordon here in Northern Ireland

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gordonmartin

@sleezy1 Thanks for following me. I have not taken the plunge yet regarding starting trading yet. I have a $750 account at Suretrade which I relaise is very small in the grand scheme of things. Are you using pennystocking silver and level 2 quotes? You had a great start I see on your first trade. I love to see people takimg the plunge and then learning and growing, just wondered on what your plan is? Have a fantastic week Warmest Regards Gordon

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gordonmartin

@raphavon Thanks for following me, lot to catch up on, really only starting, opened a small account with SureTrader only $750 not sure with level 2 quotes whether I need to be taking regional quotes, pink sheets or Opra Options, got to learn the lingo :-) Best, Gordon

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raphavongal
2
raphavongal Jun 12, 15 9:26 AM

I don't use Level II to base my entries, I look the 5 minute or 3 minutes chart supports and resistences, but this is me, think in pennys if you have a big position y need to use Level II but I never bet heavily. WIsh you great trades, make things simple, don't overtrade if you new, dont leverage more than 2x your account. G lucky

gordonmartin
gordonmartin Jun 12, 15 11:50 AM

Thanks appreciate your comprehensive reply Sir, I am new, got to start somewhere though :-)

raphavongal
1
raphavongal Jun 12, 15 12:07 PM

yep, check syskes , connor, Superman, Triforce watchlists or trades, try to catch their ideas and mix with your style. You are welcome .

gordonmartin
gordonmartin Jun 12, 15 1:35 PM

Gentleman Sir, thanks very much, Warmest Regards, Gordon

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