Creating a budget

Creating a budget for trading

Money, money, money. To make it, you need it and it’s usually the biggest problem new traders face–building an account large enough to make trading worth it. Sometimes even trying to build an account with no money. If you’re like me when I started, you’re starting from $0. There are many ways to get money for an account like getting …

Trading Resources You Really Need To Start Trading.

When you think of being a trader what comes to mind? What trading resources do you think you need? Large monitors stacked side by side with multiple charts on each, fast-paced thinking, quick on your feet to make trading decisions in seconds? Having thousands of dollars on the line at one time? If this is what you think of when …

Trading Monitors

Simplistic View On Trading Stocks

The way I like to trade stocks is very simple. Stocks are probably the most simplistic of all the trading instruments out there. Others are just complicated by nature and I’m not going to go into those here. Mostly because I’m mainly a stock trader, and when you are just starting stocks are the easiest to get into and understand. …

Stock Chart

How to Get Started Trading

There are a lot of people out there who want to get trading but don’t know where to get started trading. Getting started with trading starts with saving cash. Before you can trade you need to have money to trade,  I know that part isn’t the best, but none the less it’s a necessity. So the first thing you need …

Man Losing Money

3 Reasons New Traders Fail

  New traders that get into trading have a 90 to 95 percent fail rate. Meaning that less than 10 percent of people who trade stocks, aren’t successful enough to keep from losing all their money. I want shed light on three reasons why this is happening, and what you can do to avoid these simple but very important pitfalls. …