Day Trading - Newbie

  1. 8,568 Posts.
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    Copperhopper

    you can't stop the paper statements, it's the law, they have to send them out,

    what's the best source of knowledge?

    there is only one source, experience, .........every other source (no matter how well intentioned) can not match experience

    the best thing you can learn is PATIENCE

    if you miss a trade (say PSC) then forget it and move on, another will come along

    learn to walk away from trading, if you lose, walk away and wait PATIENTLY for the next opportunity, it will happen, but only if you have the patience

    and remember, never bet any more than you can afford to lose

    hope that helps
  2. 58 Posts.
    I DID miss PSC.

    Thanks. Good advice.
 
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