Deleted member 5577
Guest
Wait until the peak of the coronavirus outbreak stocks will be quite low most likely and you can buy low wait for them to rise when it blows over and sell high, just hope the company doesn’t go bust
What type of trading are you looking to get into? Daytrading? Swing trading? Long term trading?
You should study stocks as much as you can before even thinking of getting into it, there's a reason why so many people lose more money than they earn from it.
You should study stocks as much as you can before even thinking of getting into it, there's a reason why so many people lose more money than they earn from it.
- Thread starter
- #9
That’s what I’m asking really, most people get some knowledge first. But how do you study it, is it best to go to school, do you follow online courses etc. I think daytrading is kinda hard to get in to. How can you know how the stocks are going to increase in 1 day?
@Harley
The best thing would be to start reading about stock trading, it's obviously something that a lot of people want to get into and a lot of people are doing.
Have this link;
https://thetokenist.io/stock-trading-guide/ I haven't read this article myself but it's simply a trading 101.
Daytrading is hard and requires you to have quite a lot of money to start off with, daytrading is a lot of speculation and trying to read the next step of the stock, candlesticks are a great way to do this. What's hard with daytrading aswell is the fact that it requires you to spend so much time doing it.
Swingtrading is a light version of daytrading and is often the same but dragged out from days to a couple of weeks.
Take any free courses you can online and watch videos online, when you feel you're ready go on a demo account and see if you're actually ready, do it for one or two months.
Be ready to invest in some companies for a longer time, I recently sold all my stocks that I had in a real estate company which I had since 8th of July, went up by 130%.
My best advice is; If you're going to invest, you have to afford to lose it all.
The best thing would be to start reading about stock trading, it's obviously something that a lot of people want to get into and a lot of people are doing.
Have this link;
https://thetokenist.io/stock-trading-guide/ I haven't read this article myself but it's simply a trading 101.
Daytrading is hard and requires you to have quite a lot of money to start off with, daytrading is a lot of speculation and trying to read the next step of the stock, candlesticks are a great way to do this. What's hard with daytrading aswell is the fact that it requires you to spend so much time doing it.
Swingtrading is a light version of daytrading and is often the same but dragged out from days to a couple of weeks.
Take any free courses you can online and watch videos online, when you feel you're ready go on a demo account and see if you're actually ready, do it for one or two months.
Be ready to invest in some companies for a longer time, I recently sold all my stocks that I had in a real estate company which I had since 8th of July, went up by 130%.
My best advice is; If you're going to invest, you have to afford to lose it all.
Deleted member 4983
Guest
That's the biggest misconception I've ever heard. You obviously need to study stocks so that I agree too but you Don't need a lot of money, $10k is a Fantastic start
Ayjay
Guest
I don't know a single thing about trading but I do know the most important step of being successful in life and your career in general:
Don't ask littlespastic dribble lords on the forums about anything remotely complex or important, you get wikipedia extracts from @John Daymon acting like he knows what he's talking about. I'm sure the internet is plentiful with actual resources in whatever topic you desire to learn, but you're really in the wrong place if you want accurate and lasting information.
Don't ask little
the best place to go is the library for general info
REEEEEE I AM A TRADER I MAKE MONEY FROM IT
REEEEEE I AM A TRADER I MAKE MONEY FROM IT
@John Daymon implying thats a little amount of money
