Newbie FAQ - a must read for newbies

If you have tried day trading stocks and can't seem to make money, here is a great article.

 

Great article. Thanks for the post.

 

stupid but useful site tradingline.co.uk

 

Stupid yet useful? Why so? It looked good.. maybe I missed the point..

 

Good thread, should have read it right from the beginning. It would have saved me lots of time :eek:

 

what should we do before starting real trading ?
by trading in a demo account can we learn as there is no money involved

 

In my opinion, you need to learn something of trading and start small. You can learn trading, doing paper trading, that is without using actual money, to understand the market movements.

Do start trading part time with a job to avoid pressure. When, you are confident, and then start full time trading. However, part-time is better as you have two incomes (trading & salary).

 

ram_zaan, any news from your side?

 

Making money in trading is hard. That is why they have people that do that for a living, meaning people actually that went for school for that. For others its hard to adjust based on the lack of education.

 

Good info for newbies and for people like me who are still newbies after 5-6 years

tradermike.net
wallstreetwarrior http://traderjamie.blogspot.com/
http://www.eminiplayer.com/
http://www.markets.fallondpicks.com/
http://www.kirkreport.info/
http://maoxian.com/
http://www.tradinggoddess.com/