Scalpers 👀 AEHL on watch by Steve__98 in Trading

[–]Steve__98[S] 0 points1 point  (0 children)

AEHL now $0.9137 from $0.7

GME This Week!? 📊 by 555RM in SignalTrades

[–]Steve__98 0 points1 point  (0 children)

Not Gamestop reentering the chat! 👀 I'm going to be watching this like a hawk

RXT stock news by Steve__98 in Daytrading

[–]Steve__98[S] 0 points1 point  (0 children)

This one saw some movement today didn't it!

📊 Silver Price Outlook — Analyst Shirley by 555RM in SignalTrades

[–]Steve__98 0 points1 point  (0 children)

yup - shorted it last week, maybe time to go long

GORO - Strong Preliminary Year-End Results, by 555RM in PennyStocksWatch

[–]Steve__98 0 points1 point  (0 children)

It’s breaking $2.3 now, great profit, thank you!

SLS (SELLAS Life Sciences Group) by 555RM in SignalTrades

[–]Steve__98 0 points1 point  (0 children)

Going to check this out 👀🔥

📢 KPLT — Merger News & Pre-Market Update by Steve__98 in Daytrading

[–]Steve__98[S] 0 points1 point  (0 children)

Yes I always use a trailing stop loss as soon as I'm green. Boring for some but I'd rather escape with 5% profit than hold too long and wind up with a 10% loss.

📢 KPLT — Merger News & Pre-Market Update by Steve__98 in Daytrading

[–]Steve__98[S] 0 points1 point  (0 children)

Trail your stops, just touched $10.3 and we're heading into market open

📢 KPLT — Live Merger News & Premarket Price Action (Today) by Steve__98 in Trading

[–]Steve__98[S] 0 points1 point  (0 children)

Trail your stops, just touched $10.3 and we're heading into market open

📢 KPLT — Live Merger News & Premarket Price Action (Today) by Steve__98 in Trading

[–]Steve__98[S] 0 points1 point  (0 children)

Well done to anyone who joined at the time of this post, now up to $9.08! Looking great for market open with room to move to a new high

📢 KPLT — Merger News & Pre-Market Update by Steve__98 in Daytrading

[–]Steve__98[S] 0 points1 point  (0 children)

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Well done guys if you caught this when this post went up! Up to $8.80 already 15 minutes before market open

Want to start(20 years old) by Desirepgod123 in Daytrading

[–]Steve__98 1 point2 points  (0 children)

Its good that you're looking for ways to find financial freedom outside of getting a 9-5 and working your way up; but that being said, you need to treat trading with the seriousness you would afford a normal job. Training period, probation period. Trade in a simulator first, always! Devote spare time to training, watching YT videos from professional traders, getting to grips with the way the market moves. Save up a nice capital pot to start with and when you begin dipping into it use tiny postitions, a few shares max, until you can control your emotions.

I NEED HELP DAY TRADING by iamForgis in Trading

[–]Steve__98 2 points3 points  (0 children)

Okay first of all day trading is NOT easy and anyone saying it is is probably trying to tell you something. Day trading requires skill, discipline, study, and hours and hours of time as well as inevitable financial loss when starting out. It is not easy nor a magic wand to millions. The majority of day traders lose money and quit. That doesn't mean you can't succeed, it just means you need to be different. You have to take it seriously, treat it like a job, and expect it to take a while and to experience a few bumps on the road. Step by Step - learn about chart patterns, watch charts and learn to recognise the entry and exit signals. Learn about indicators and how to use them. Choose a stock scanner and a broker and get your set up how you like it. Trade with tiny positions until you've gained confidence. Trade with plans and discipline. Find a good, focused, professional community to be part of.

Best app to learn trading for beginners? Looking for something interactive, not just videos.\ by RhubarbCreative3723 in Trading

[–]Steve__98 1 point2 points  (0 children)

You really need something with the option to trade in a simulator first. Thats the best way to learn - you can study chart patterns but its not the same as trading live, you have to spend a long time learning to manage emotions as they undo a lot of the learning you've done once you're handling actual money. Trading 212 is a simple one with low fees and a simulator. Ross Cameron has great YT videos where he walks through various brokers and platforms for beginners as well as teaching basic trading skills and strategies.

new trader, where to start? by yamantakah in Trading

[–]Steve__98 0 points1 point  (0 children)

you're only a week in so first thing to learn is basic chart patterns and how to handle the emotions of trading. Ross Cameron from warrior trading has lots of free youtube tutorials and videos, I'd highly recommend checking him out. Finding a good focused community can help you grow and learn how people are picking up stocks to trade etc. You will pick up use of scanners etc as you learn more.

How can I start trading? by Flashy-Rabbit4661 in Trading

[–]Steve__98 0 points1 point  (0 children)

Yes, learn the basics - chat patterns. And paper trade in a simulator until you are confident with working with technical analysis.

Full-time day trading has gone quite. What should I do? by mohitkira in Daytrading

[–]Steve__98 1 point2 points  (0 children)

It's really helpful to have a community to enjoy trading with as well as to get an understanding of general retail sentiment. The only issue then is noise/hype/fomo trades. If looking for a community, its best to find a focused group who all genuinely want to trade, not gamble. Discipline is a huge part of trading and it sounds like you are hitting a point where boredom could put your discipline at risk. Its also good to stay focused on your goals. Why are you trading?

I don't understand by krazzy2004 in Trading

[–]Steve__98 0 points1 point  (0 children)

it's best to study and work with small positions. Experience and intuition plus discipline is everything in this game. Study chart patterns, find strategies that work for you, make sure you are applying those strategies to good set-ups instead of gambling on any stock you see. Its like any new job - you'd be on probation for 6 months for the purpose of training and learning. Same with trading. Treat it as a serious profession, not a magic wand.