| Re: Where do I start?
Paper Trade,
Save Up A Couple Of Grand --- This has to be money that you don't need, so don't use your rent/mortgage/holiday/christmas present or any other necessary cash.
When Your Paper Trading Is Going Well Try Trading For Real - It will allow you to feel all of the emotions that trading can give you. Highs, Lows Boredom, Excitment, Stress, Relief. You get the picture.
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You'll probably lose that couple of grand
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If You Fancy Trying Again
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Stop Reading Bulletin Boards, they are full of people trying to distract you, give you crap advice. Do your own research, find someone that you can visit face to face and watch them trade.
Paper Trade Again for a few months and try and simulate , formulate and execute trades.
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Save Up A Couple Of Grand
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Don't trade this money until you have got some proper tuition on money management. You need to learn how not to lose the money that you have just saved.
This is where I am at. I am learning how to keep my money for as long as possible.
Read New Stock Market Wizards, it's a great insight into guys that have made millions if not billions. How they coped with large losses and how they feel when they enter trades on a regular basis.
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The only way you will learn is by trying, so good luck and let us know how you get on. Trading Trends |