Beginner seeking guidance

Discussion in 'Trading' started by Bennny, Sep 5, 2017.

  1. 'Reading tweets' sounds hilarious...nothing useful can be gleaned from it -- it's more for just silly nonsense and random thoughts,

    I equate Tweets and Tweeting for dim-witted sheep,

    Or even like art...a rather open-ended, personal, subjective interpretation, o_O
     
    #41     Sep 5, 2017
  2. comagnum

    comagnum

    I would suggest listening to the free interviews on 'Chat with Traders' - it is a gold mine of info giving you a comprehensive view at how top notch traders started out, their strategies, mind set, money mgmt, routines, what they learned along the way, etc. It covers all trading styles and instruments. The washed out bitter traders on forums will hurl insults/negativity to aspiring traders which is self defecation of themselves projected outwards. There is more than enough info contaminated in these interviews to build a very solid/sustainable frame work for your trading/investing.

    Best of luck to you.

    https://soundcloud.com/chat-with-traders
     
    Last edited: Sep 5, 2017
    #42     Sep 5, 2017
  3. ironchef

    ironchef

    President Trump?
     
    #43     Sep 5, 2017
  4. Seriously man, who fucking asked your opinion? The guy asked a legit question and you attack me? Fuck you.
     
    #44     Sep 5, 2017
  5. Hi Benny:

    After three years I am just now starting to figure this trading thing out so I am not one of the experts here. But I will tell you I lost almost $50,000 because I thought I knew what I was doing when I didn't. To recover I traded paper for 6 hours a day for 18 months and read as much as I could to get better. I had to completely "live" trading to get to where I am now. I also read everything Handle123 has posted. Even the jokes. He has well over 5000 posts so if you read each post very carefully that should take you about 250 hours.
     
    #45     Sep 5, 2017
    777 likes this.
  6. JackRab

    JackRab

    First thing to do on ET is weed out the crap advice... you'll get the hang of it ;)
     
    #46     Sep 5, 2017
    Bennny, Xela and PennySnatch like this.
  7. Forget day trading. The rules were developed by brokers to make money, most retail traders lose at this game. Learn to invest and trade properly, you'll need to know options. The Learning curve is to be consistently profitable is about 5 years. You will make and lose money along the way.
     
    #47     Sep 6, 2017
    shatteredx likes this.
  8. Bennny

    Bennny

    I've had a couple of people (via PM) suggest that investing in/with other traders might be an idea?
     
    #48     Sep 6, 2017
  9. Bad idea. Trading's a do it your self business.
     
    #49     Sep 6, 2017
    shatteredx, comagnum and ironchef like this.
  10. JackRab

    JackRab

    No... bad idea... you don't know who the other traders are. You will be easily drawn into high% returns that are actually lucky gamblers.

    Whoever suggested that probably has some ulterior motive.
     
    #50     Sep 6, 2017