I have been trading for over 4 months. I started trading real about 2 weeks ago. First day I profited. Before that my paper trading was going very well. Real. I started with $720USD. Now my account is down to $430. I study a lot and the stocks I pick end up doing well after I am at a loss and I'm out of them. I think I can't determine the price point to get in. Any help with this would definitely help. I know this is not very detailed. But I don't know what I'm doing wrong. Any advice would help. Me and my friend both have this issue. Thank you.
@Tunde1306 Tim has went all in some many times to grow his small account in the beginning it is ridiculous. He was mostly
Talking to the bag holders when he made that reply. But of course I would not do that with a 50k account but it's ok when you have 2-5k account.
My plan was to use 5k all in for 3 months and tuck all the profits away. Then move up to 10k for 3 months and repeat every 3 months up to 20k
Great plan.
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