Hey TonyOnly been at this for a month or so - so very very new...

  1. 1,786 Posts.
    Hey Tony

    Only been at this for a month or so - so very very new to this...

    Only thing I can tell you is everything you read or see or hear is to take bits away each - "THE" system does not exist... so one book or one video or one trading package ain't gonna change the world for you.

    If there is one thing I can attest to, it is that you cannot beat the market. If it is going up, it is going up. If it is going down it is going down.

    If the stock you are on is going up, ride it until it turns down.

    BUT, if it is going down get out unless you really believe you know better. You can lose a lot of money very quickly.

    You can always buy back in next time it goes back up again.

    In a nutshell, why stay in anything that is going down... get out, if it goes down you haven't lost. If it goes up you have missed a small part of the uptrend that doesn't matter in the long run.

    !What I am going to say next is my opinion only, and maybe should be ignored! But you might consider that whatever you are going to spend on a course, you could spend a week on the web formulating how you will trade etc (there is so much out there), then spend the same actually doing it, and even if you lose the lot you will learn soooo much your trades will get better and better. What I'm trying to say is that even after the best course in the world you will have been "told" what to do, but you won't have "learned" what to do.

    Hope that makes some sense!

    Happy trading.
 
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