Mirin4rmfar
Superstar
I need to learn to do trailing stops and/or move stops up as it runs
Come to think of it, this would have been a better move for me than panic selling lol
I need to learn to do trailing stops and/or move stops up as it runs
Last few days been rough.
Down almost $100k
carvana down 11% todaybuy puts in cvna the show is over
I need to learn to do trailing stops and/or move stops up as it runs
ask any questions here. i'll try my best to answer
Was watching a few videos in early December about income producing stocks. The one I ended up settling on was PDI.
Pays a monthly dividend of 14%.
I only have about $2K in there and my 1st payment was about $23. If I walk those numbers out, that means a $200K investment would payout a monthly dividend of $2300.
Kind of seems to simple. To easy.
To add the current SP is $18.68. The 52L is $18.17. The 52H is $20.90.
Going back a lil further, the SP was $28 in May 2021 and $33 in Feb 2020.
what simulator app you use and what are the strategy's i bought a book on option trading but any resources and references for strategy would be helpful
thanks man
I joined Warrior Trading Starter for $597, which includes one free month of their simulator. After that, the simulator costs $97 per month. It uses the Lightspeed Sterling platform, designed specifically for small-cap momentum trading. This platform is incredibly fast, but if you open a live account, you'll face significant fees and commissions and minimum 25k is required for the margin account. I suggest starting with Webull instead. Webull offers free paper trading, making it a great option for beginners.
Also you don't need simulator if you are trading just options. for options, i recommend robinhood if you are swing trading or webull for day trading.
This is the best tutorial for webull.
Here are some free stuff that i like.
Candlesticks & chart patterns
Youtubers that I recommend
X
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x.com
for daily premarket prep
Trade Brigade
The most comprehensive technical analysis of the stock market on YouTube. Tune in for pre-market prep Monday-Friday at 8:30 and 8:15 for special data releases like CPI, PCE, and NFP. Regularly scheduled market updates Sunday and Wednesday.www.youtube.com
Chart analysis on TSLA and NVDA
You can also find any option discord, but those will cost you $. Blindingly following them will give you short term success, but it won't help you become a better trader. Become a chart expert first. That's the single most important thing in trading.