First step is to not give in to "get rich quick" courses. Im not a trader, but i do invest in crypto mostly.
I did buy a share of SPY for $300 but it quickly dropped and lost $2-3 (boohoo lost money) right now would be a good time to invest in companies that do well. If youre looking for long term i heard apple microsoft, facebook, amd, and some others are good.
I use coinbase to trade BTC, ETH. Theres other cryptos you can trade with as well.
I started by watching videos on YT about candlesticks, RSI, basically "how to read a chart".
I'm in a discord dedicated to day trading, beginner trading videos and other cool stuff to learn.
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Its cool to see more people being interested in trading/investing.
What use for charts: CoinBase, TradingView (chart viewer for prices), ThinkOrSwim (stocks), MT4(forex chart).
Brokers i use: OANDA (forex), coinbase (crypto), TDameritrade (stocks).
I would
stay away from pennystocks if youre starting out. I have looked into pharmaceutical companies and it does look promising but the price can drop dramatically. Some i am watching: INO, IBIO, AIM, HTBX.
I have been learning about forex, stocks, crypto, option-trading, etc. for about a month now. Leave questions or comments in the post, i can try to answer it if i know.
@DANIEL_ @Creepis @Inchs
Do a lot of research please. I started out trading BTC but made like little to no profits thanks to coinbase fees ($3). So i am switching to trade ETH mainly but i will put some in BTC cause some "halving" going to happen. According to some it should spike up the price but who knows.
Disclaimer:
im not an expert, just a learner.