16 year old new to trading

Discussion in 'Trading' started by Rsoxs19, Jan 2, 2017.

  1. cafeole

    cafeole

    I have heard about these "mentors" a lot. Where do you find a credible mentor?
     
    #171     Apr 10, 2019

  2. They find YOU. :) Distinguishing feature of a Mentor? They will not accept money from you if they take you on.
     
    #172     Apr 10, 2019
  3. Oh man, punked me bad! :confused: Should have known. The whole post didn't seem very Riskarb-ish. I was mostly commenting on the detail, which apparently was total and complete garbage.:D

     
    #173     Apr 10, 2019
    ironchef likes this.
  4. ironchef

    ironchef

    Maybe not garbage, they are like God and motherhood. Maybe that was why Xela was so believable to a newbie like me.
     
    #174     Apr 11, 2019
  5. destriero

    destriero


    Below (thumbnail) is my entire contribution to this post. Xela was/is a fraud. All of the above, that isn't in bold, is Xela's BS. Stop liking this post you fn morons.

    2022-03-24_10-30-56.png

     
    #175     Mar 24, 2022
  6. True that! They don’t even teach you anything that you can’t learn for free. They are a total waste of time and money!
     
    #176     Apr 22, 2022
  7. bookish

    bookish

    Use the simulator!
    Don't trade with real money until you have 20-50 k usd to trade with and another 20k savings. Dont put more than 2k in any one account and always bring a witness with you when you go to a bank (pretend its the mafia).

    When practice trading dont forget the spread and corrupt broker practices like front running. When you start trading for real buy and sell single shares at different brokers and watch what happens closely.
     
    #177     Apr 22, 2022
  8. if you are completely new to trading then i would suggest checking out free educational website like Aximdaily and start learning about all of the basics of trading.
     
    #178     Apr 22, 2022
  9. Oxymoron

    Oxymoron

    Needless to mention, new traders should not take risks until they have practised well on a demo account. The market may seem to offer several trading opportunities but if you are not using trading tools correctly, they may take your trades in the opposite direction.
    Moreover, as you are just 16 years old, I don't think any broker will let you trade legally. The best way to utilise this gap is by demo trading.
     
    #179     Apr 29, 2022
  10. destriero

    destriero


    My comments are at the bottom. In bold. The rest was keyboard diarrhea from that Xela fool.
     
    #180     May 16, 2022
    TrailerParkTed and SunTrader like this.