Very new to trading --- tips

frank thanks for your advice!!



I know my weaknesses and i would never be a good day trader. Although, i believe i have what it takes to be a good swing or position trader. However, nothing is certain and im honing my skills via paper trading
 
Quote from prox:



Well, I think Step 1 is a necessary evil .. but I think the BS level is more about 90%. There are some good stuff in places you least expect.

Just learn and keep learning without actually trading, until you've developed a logical method of your own that you believe will work.


Good advice. Whatever the level of bullshit, another important aspect is to learn from it. Trading well often means being on the side of the bullshit believers (and exiting before they do) so I think it is good to know the bullshit stories and how people react to them. Maybe not, but it is a pastime of mine and I think it has been valuable.
-rlb
 
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