Why would a beginner need a large account?

Discussion in 'Trading' started by Blitzjoker, May 30, 2023.

  1. %%
    LOL That could work:D:D;
    t] trade-invest books .
    Take some clues from SEC, not that most would want to pay a cig tax:D:D or pay a cig tax in a hi tax state...................
     
    #41     Jun 30, 2023
  2. Hello I am a beginner to this i know i can make i've been learning programming and bot algorithmic aspect of it can you please let me know what are the things i should follow and which books you bought please for learning currently i spend more than 7 hours learning still not figuiring out a good strategy for execute some trades
     
    #42     Jul 2, 2023
  3. pozexis

    pozexis

    I am thinking about getting into trading and I have around 2k $. Though my experience in trading is next to 0. Is 2k a realistic amount to start trading?
     
    #43     Jul 11, 2023
  4. Blitzjoker

    Blitzjoker

    I'd say 2k is fine, but don't start yet. Trading successfully is hard, so you need to learn a bit about it first, and trade as small as you can to start with.
     
    #44     Jul 11, 2023
  5. Blitzjoker

    Blitzjoker

    7 Hours is not long. I have been on the same quest for 7 years.
     
    #45     Jul 11, 2023
    Laissez Faire likes this.
  6. pozexis

    pozexis

    Thank you so much for your reply dude. Can you maybe put me in the right direction for beginner stuff? I have been watching couple of videos on the tube but I don't understand half of what they are saying right now =)
     
    #46     Jul 11, 2023
  7. The best advice you'll ever get is forget about trading and don't even try.

    The chances for a retail trader on his own to make it in short-term/medium-term trading is slim at best and would require years of work unless you're some kind of trading savant (most ain't).

    To make things worse, those that will give you guidance, be it here or on Youtube are most likely net losers and will only lead you further astray.
     
    #47     Jul 11, 2023
    PPC likes this.
  8. pozexis

    pozexis

    We all got to start somewhere =) I am willing to learn. May it take months or years. If you can guide me please do so but theres no point telling me to let it go on a trader platform =)
     
    #48     Jul 12, 2023
  9. PPC

    PPC

    @Laissez Faire
    You've nailed it, this is absolutely the best piece of advice and insight I’ve read on this and other forums.

    People have no idea what they’re getting themselves into !!!
     
    #49     Jul 12, 2023
    Laissez Faire likes this.
  10. pozexis

    pozexis

    I am getting myself in an environment where I will fail over and over again until I know the ropes, may it take a year or two or ten. I am merely a beginner yes but kindly don't assume that I am diving into this blindly.
     
    #50     Jul 12, 2023
    PPC likes this.