>>16758045
simple answer: yes. the common thought behind being new to trading is that you should be strictly paper trading for at least 1 whole year before doing ANYTHING with real money. after that when you're confident with your edge, which you should have extensively backtested with historical data (basically charts of days that already happened), you start trading with really small amounts of money. when i started day trading i was only trading around $1k at a time. that's like 10 shares of ROKU for example, where 1% is only $10.
if you can't be profitable with $1k then you should in no way be trading bigger money. if you can't be profitable, CONSISTENTLY profitable, in paper trading, you shouldn't even use real money.
the key is to take your time and have patience, become a financial education sponge and learn everything you can, then test the shit out of it. i don't care whether you're a scalper or a swing trader or a position trader managing a portfolio like a one man hedge fund. if you're betting the farm with no experience you're a fucking retard.
it should make sense logically, right? you wouldn't do open heart surgery on a live patient on your first day at med school would you? think of it that way. you don't want to kill your life savings.