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Originally Posted by Fire in the disco
Apologies in advance as I’m sure this info is already somewhere in this thread. As a guy who wants to start trading casually what is the best way to get into the market? Apps like quest trade? Or?
Any tips are appreciated.
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I think any and all tips start with risk management. You have to know when you've been proven wrong and then protect your capital. Human nature precludes us from trading well. But no matter what you do in the market, you must be able to identify when you're wrong.
That requires some sort of strategy when you buy as well as when you sell. None of what you do should be a gamble. You should have surprises to the upside but no surprises when it comes to losses.
Picking stocks is easy. Over coming psychology is by far the most difficult task you'll encounter in trading. Having a strategy with a positive expected result and rules you can easily follow help a lot in over coming bad trading psychology.