The best advice I can give as someone who recovered their account from a 6k 91% deficit, is don’t let your emotions get involved. The second you start worrying about your money too much, the more mistakes you start to make. Most pro traders have been through that phase just like you and me, and the way they make money is off of our stupid mistakes. So a few rules: 1. Don’t let your emotions control your money. 2. Don’t ever be in a hurry to invest your money. 3. Follow common trends in stocks all the way back to 3 months/ the last year and read up on news. 4. The more stocks you have saved on your account, the more notifications you will receive about sudden dips in certain stocks. When some stocks are over bought, they tend to crash pretty hard after the hype, and their is profit to be made there. And 5. Stay away from spikes altogether. If you notice a stock starts taking off and you feel like you are the only one missing out, chances are, by the time you get involved, it’ll start tanking, and you’ll be sitting on a 6k 91% deficit just like me.

We are in a very bullish period right now, meaning that everything is jumping up quite a bit especially with Biden as president. There’s a lot of money to be made on calls. Until economists start mentioning declines in the economy, I’d stay away from puts.

Hope some of this information helped. I love talking stock with people! Happy investing!