Tymil Patterson
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Stock Trading For Beginners
In part III of stock trading for beginners, we will be learning how to outline a successful trading plan. The trading plan is the life blood of a trader and will generally dictate when and how you will make a trade. Having a well thought and proven trading plan is the most important thing in your trading arsenal and should be your first priority before any capital is risked on any trade.
By Tymil Patterson5 years ago in Trader
Stock Trading For Beginners
Okay so in my last article, I couldn't embed the video on how trading works so I'm embedding it here: In part II I will be introducing you to technical analysis. Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume. Unlike fundamental analysis which I will talk about later.
By Tymil Patterson5 years ago in Trader
Stock Trading for Beginners
I bet you've heard about the short squeeze that resulted in a momentum boom that rose the price of a number of different stocks, with GameStop (GME). Now, it seems like no matter where you go, someone is talking about the stock market. Maybe, you've found yourself becoming interested in learning about how to make money from the market? So, you jump in and buy up plenty of GME shares - hoping to turn a profit - only to find yourself 90% down and wondering just what the hell happened to all of your money. Now you're ready to quit stock trading altogether. But, what if I told you that you fell into one of the classic pitfalls of trading and that you can be successful? It is said that 90% of traders will fail, that's a pretty bleak statistic, but then what about the other 10%? If it where impossible for anyone to turn a profit trading, then that statistic should be closer to 100%. So you have to ask yourself, what are the 10% doing that the other 90% aren't? You may be tempted to believe it to be large amounts of money and connections, but you would be further from the truth. What most people lack is the proper knowledge and mental fortitude needed to be successful. In this, and future articles, I will teach you everything I know about trading - from the basics of support and resistance, to advanced trading strategies. I hope you are ready to learn.
By Tymil Patterson5 years ago in Trader
Fugue
A long time ago, I once heard that guilt is rooted in the actions of the past, perpetuated in the lack of action in the present, and delivered in the future as pain and suffering. Lately that quote’s been stuck in my mind for some reason. Even as I nurse my hangover on the cool lacquered surface of the bar’s counter I’m reciting the words to myself, but I can’t imagine what for.
By Tymil Patterson5 years ago in Horror
