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/biz/ - Business & Finance

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>> No.1030901 [View]
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1030901

>>1030868

Practice. Practice. Practice.

Know your order types and when to use them.

Read everything. Collect useful math. Build a playbook, or war chest, of strategies.

Never hesitate to try a new idea. See above.

Don't trade on half days.

Don't trade anything that costs less than $50/share or trades less than 300k shares per day. Keeps risks reasonable, keeps exits quick.

Practice. Practice. Practice.

Programming skill is the greatest advantage you could possibly have in this game. I cannot stress this enough. When you build your own tools you get a serious edge.

Never turn a trade into an investment. "Plan your trade, trade your plan." Suck it up, Take the loss. Carry on. Just like poker.

Take a fiber supplement after dinner to poop before the market opens. A lot can happen to your positions while you're taking a dump.

Keep some dank memes handy for making meaningful contributions to /biz/ threads.

Practice. Practice. Practice.

Keep the faith. Keep practicing. It takes time to get good.

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