Any words for a rookie?

Discussion in 'Trading' started by mrsinister, Apr 3, 2003.

  1. treat trading like a business

    Michael B.
     
    #11     Apr 3, 2003
  2. VOLUME

    VOLUME

    Only make winning trades :D :D :D


    Seriously....cut your losers early and don't break your rules. Best of luck.
    Volume
     
    #12     Apr 3, 2003
  3. LouieR

    LouieR

    Become acquainted with technical analysis or, at the very least, get comfortable with reading the chart of a stock or index in various timeframes ( intraday, daily, weekly...) to know whether that stock or index is at a high, low, trending or consolidating.
     
    #13     Apr 3, 2003
  4. Plastic bro....

    (but stay away from Mrs. Robinson)
     
    #14     Apr 3, 2003
  5. dont let 'hope' be the basis for your trading strategies.

    Pete
     
    #15     Apr 3, 2003
  6. Ebo

    Ebo

    Blue Horsheshoe says Sell!
     
    #16     Apr 3, 2003
  7. MRWSM

    MRWSM

    Quit while you're ahead. LOL:D
     
    #17     Apr 3, 2003
  8. MRWSM

    MRWSM

    Actually, don't trade until you can consistantly make money paper trading in a non subjective manner. :cool:
     
    #18     Apr 3, 2003
  9. Do it your own way. And I suggest look into Futures and Single Stock Futures rather than stocks and options. Don't worry too much about what anybody else says, and don't worry about watching news reports, news isn't as good of an indicator of what stocks will do as we usually start out thinking it should be.
     
    #19     Apr 3, 2003
  10. LEARN AS MUCH AS YOU CAN AND DO NOT TRADE ONE REAL CENT UNTIL YOU KNOW YOU HAVE AN EDGE.

    FRuiTY
     
    #20     Apr 3, 2003