Any words for a rookie?

[ElectricSavant]

treat trading like a business

Michael B.

 

[VOLUME]

Only make winning trades


Seriously....cut your losers early and don't break your rules. Best of luck.
Volume

 

[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.

 

[iceman1]

Quote from mrsinister:

Just wondering if you old cats out there had any advice or direction for a new guy. Good and bad, funny and not, let'em fly; I'm all ears, or eyes, rather...

Plastic bro....

(but stay away from Mrs. Robinson)

 

[Trader Pete]

dont let 'hope' be the basis for your trading strategies.

Pete

 

[Ebo]

Blue Horsheshoe says Sell!

 

[MRWSM]

Quit while you're ahead. LOL

 

[MRWSM]

Actually, don't trade until you can consistantly make money paper trading in a non subjective manner.

 

[hii a_ooiioo_a]

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.

 

[FRuiTY PeBBLe]

LEARN AS MUCH AS YOU CAN AND DO NOT TRADE ONE REAL CENT UNTIL YOU KNOW YOU HAVE AN EDGE.

FRuiTY