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| 02-05-2013, 01:23 PM | |
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If you are actually interested in investing you might want to find a strong company, maybe something with a dividend, put the money in there and let it grow instead of worrying about day to day fluctuations. You will need over 25,000 in your account if your goal is day trading. |
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Try having a plan all written out before you buy next time? Remember the following statement when it comes to money management: failing to plan is planning to fail. Better to earn money rather than just look at +/- on a sheet of paper. Unless, of course, your trading account is for entertainment purposes only. |
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![]() Losing money trading is a great way to learn about the market, that's for sure. You should be practicing with a paper account. |
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Unless you have the time, energy, and desire to actually research companies and stay on top of not only them but the industry they are in, and current events, then its a fools errand. You're no better off than a monkey picking stocks. In fact, maybe even worse, cause the evidence you use to make decisions is horribly flawed. Not to mention the dollar amounts you are talking about is practically nothing, and once your little trial is over, fees will eat you up. |
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