Received 1 Karma
Tunde1306
2
Tunde1306 Nov 28, 15 5:29 PM

longer you're in a trade, the harder it is to focus rationally. Anyways, welcome to the community, feel free to ask questions and good luck in your paper trading journey! Treat it like real money.

PWNwallstreet
2
PWNwallstreet Nov 29, 15 1:23 AM

Add to your winners, cut your losers. If you are consistently winning on a certain stock keep playing it. Stick to what you know. The market has been going up for 7 years now so know the bear market might be creeping in or is already here. Buffet says 5 years up 2 years down. Also, making one great trade is better than make 50 good trades. Why swing on every pitch? Wait for your pitch and take it deep. Cut your losses early and let your winners ride. Always take profits along the way. The first

PWNwallstreet
1
PWNwallstreet Nov 29, 15 1:24 AM

two hours and the last two hours are the best trading times. The most important part in entry points being as close as possible to youe exit points. Remebmber, you are not just buying or selling. You are managing uncertainty and need to plan with that in mind. GOODLUCK on your journey.

zacllbird
1
zacllbird Nov 29, 15 3:00 PM

Thanks for the advice Tunde and PWN, I really appreciate it.

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zacllbird

[TimChallenge] What you think about $CLF? It's near its low, could bounce a little if it survives the morning

zacllbird

[TimChallenge] Here goes my first week as a student, not much experience at all. Been studying all weekend. MCUR from a newbie looks to be a classic pump and dump.

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