High schooler wants to trade the YM

well we do have intro to business, marketing, and enterprise, but the only trading we did was in a shitty 20 minute delay... and one of my classmates went long BSC :eek:
 
Thought i might kickstart this thread a little. so, since ive last posted my instrument has changed to NQ, and I am consistently making $100-200 days on paper. I might start a journal when i go live next week.

I have a question for you more experienced guys: how does liquidity in the summer compare to liquidity in the fall/spring? I know last summer might have been an exception due to the subprime entertainment show.
 
Quote from zdawg164:
As the title explains, I'm 17, currently in high school.
More...
Welcome to ET. You will blend right in. Most of us here are still in high school as well.
 
i'm 18 almost done highschool doing exams right now, been managing a 15k piece of my mom's rrsp (Canada's equivalent of 401k in the states?) for 2 months, just equities, and i'm only up 1.4k so far. I had a bit of a draw-down at the beginning because i bought something at school during school and didn't place a stop and i came back and I'm like fuck (was down like 500$ in one day) so i had to recover from that (and now i try to stay away from the super volatile shit like solar that i lost the money on) but other than that i think i'm doing pretty good. i hold stuff for like 1-10 days... i just buy support levels with tight stops and if it works cool and if not then i move on to next stock.
 
Get a papertrading account and learn to scalp off the DOM.
It's a video game.
Buy when prices are moving up and sell when prices are moving down.
Set up hot keys for buy and sell and reverse.
Once you have been able to double your paper trading account then go live.
 
Quote from zdawg164:



Any advice/comments would be REALLY helpful from you guys
More...


Shut up and trade..experience is the only teacher. And nobody here can help you.

Thats as honest an answer you will get.
 
You must log in or register to reply here.
Back
Top