Any tips for me i have been paper trading for a month made 1786 thousand with a 10k acount and im 14

Come on the kids 14. He obviously meant $1786

 

He worded it funny.

"1786 thousand" = $1.786 Million. Starting from $10K and for only 1 month? I'd like to GMSOT!

 

Sounds more reasonable.

Don't let others discourage you, keep on paper trading and refine your method. However, listen to @dozu888, stay in school and learn as much math as you can, In today's world, you need some math to understand finance and the market.

Good luck.

 

Yeah, I don't think any 14yo is mature enough to handle actual trading. I know that I'm not.

 

Go live small size, and see if the profit continues. If it does scale up, rinse and repeat.

 

take risk, learn from mistakes, you have a long way to go but most important learn and never stop seeking knowledge.

 

Warren Buffett bought his first stock when he was 11 years old:

https://www.investopedia.com/ask/answers/021915/what-was-first-stock-warren-buffett-ever-bought.asp

 

I traded my first arbitrage (an arb loss) at 18. Doesn't mean that he should. And buying 10 shares of stock is not the same as trading.

 

He bought 8 shares @ $38 sold them later and made $2 but regret seeing the stock went to $200. Maybe that was why later he said the holding period should be forever.

 

Countless teenage Jews buy stocks with their bar mitzvah money, does not make them traders.