03.04 11:52 PM
Summarize
Thomas Kralow is putting together a ten-lesson trading challenge series. The first
lesson is about "learn to trade." In this lesson, he provides tips for both
beginner and experienced traders. Day trading is a risky activity, but with the
right knowledge and technique it can be a profitable venture. Forex is a more
difficult market to trade, and professional traders take the bigger moves. Penny
stocks are a good investment for long-term gains.
I am just in the process of trading, recording videos and enjoying life, so it can
be a question of launching sometimes. When you're trading professionally, you might
expect to make something like 20 to 30 to 30, 40 or if you're super extremely
lucky, then 50%. But I had...me personally, I've done it for a few years now and I
did not see these kinds of returns. I did, I think, 22% on 2018. If you want to
make a lot of money relatively quickly then professional trading is for you. But
only if you are ready to start with at least a quarter of a million dollars. So
that annual return in terms of percentages would be quite low but at the same time,
the money aspect, the amount of actual dollars that you're making is quite
interesting. Tesla stock is a super bubble on steroids, which I do not really
understand. Elon Musk basically tweeting things like my stocks are overpriced and
then they're just dropping. and then nothing is really happening, but the stocks
are climbing. This is just belief in Musk that he's so great, that he's almighty
and that everybody is believing just in him.
I hope that this challenge will allow you to understand trading from a more
professional side, a bit better. Trading is incredibly risky, it is very
emotionally straining, it is quite a tough place to be. But, with just a few
thousanddollar trading deposit, you can make a lot of money and very quickly. You
need to be properly educated, and I hope the tips that I'm going to be giving you
the next ten days will be beneficial. The next topic is about the types of the
markets, so you need to be able to select a good market. There are quite a few
markets that can be quite difficult for the beginners. Forex is one of the most
difficult markets to trade. The best tip that I can give you in this first lesson
is try something other than forex. If you've been trading forex, try something else
like futures. Try mini futures, try CFDs (contracts for difference) and try other
markets. About 90% of all the sketchy brokers are full of scams and full of ___.
The problem with those brokers is not just super high commissions, incredibly
unreasonable spreads. Bad brokers actually see where the majority of the stops are
of the people who are trading with them. They would actually be pulling those stops
on purpose and, of course, the broker keeps that money.
Don't forget about the signals! 99% of chat rooms are full of BS, and the owner of
the chat room is the one who's going to be making all the money. Keep demo trading
until you see consistent profits. Do not trade with money. There are so many day
traders, especially day traders who fail very fast, they don't take necessary
precautions. I bet you didn't know this, or if you did, then you already know
something about trading. Broker keeps that money, and then shares a really nice
percentage of that money with the dude that taught you all the structures and
patterns. That's how they make money. And that's why they give away free trading
courses because that's not their business. Their business is to get a share of your
losses later. Then you can start with a very small trading deposit with a really
good trustworthy broker.
If you're interested in learning more about trading and my strategies, you can
register for my free webinar. I'll be talking about trading strategies and more
technical and detailed things in the next lesson. You can watch the next episode of
this week's free webinaries by clicking the link below.
Summarize
Thomas Kralow is putting together a ten-lesson trading challenge series. The first
lesson is about "learn to trade." In this lesson, he provides tips for both
beginner and experienced traders. Day trading is a risky activity, but with the
right knowledge and technique it can be a profitable venture. Forex is a more
difficult market to trade, and professional traders take the bigger moves. Penny
stocks are a good investment for long-term gains.
I am just in the process of trading, recording videos and enjoying life, so it can
be a question of launching sometimes. When you're trading professionally, you might
expect to make something like 20 to 30 to 30, 40 or if you're super extremely
lucky, then 50%. But I had...me personally, I've done it for a few years now and I
did not see these kinds of returns. I did, I think, 22% on 2018. If you want to
make a lot of money relatively quickly then professional trading is for you. But
only if you are ready to start with at least a quarter of a million dollars. So
that annual return in terms of percentages would be quite low but at the same time,
the money aspect, the amount of actual dollars that you're making is quite
interesting. Tesla stock is a super bubble on steroids, which I do not really
understand. Elon Musk basically tweeting things like my stocks are overpriced and
then they're just dropping. and then nothing is really happening, but the stocks
are climbing. This is just belief in Musk that he's so great, that he's almighty
and that everybody is believing just in him.
I hope that this challenge will allow you to understand trading from a more
professional side, a bit better. Trading is incredibly risky, it is very
emotionally straining, it is quite a tough place to be. But, with just a few
thousanddollar trading deposit, you can make a lot of money and very quickly. You
need to be properly educated, and I hope the tips that I'm going to be giving you
the next ten days will be beneficial. The next topic is about the types of the
markets, so you need to be able to select a good market. There are quite a few
markets that can be quite difficult for the beginners. Forex is one of the most
difficult markets to trade. The best tip that I can give you in this first lesson
is try something other than forex. If you've been trading forex, try something else
like futures. Try mini futures, try CFDs (contracts for difference) and try other
markets. About 90% of all the sketchy brokers are full of scams and full of ___.
The problem with those brokers is not just super high commissions, incredibly
unreasonable spreads. Bad brokers actually see where the majority of the stops are
of the people who are trading with them. They would actually be pulling those stops
on purpose and, of course, the broker keeps that money.
Don't forget about the signals! 99% of chat rooms are full of BS, and the owner of
the chat room is the one who's going to be making all the money. Keep demo trading
until you see consistent profits. Do not trade with money. There are so many day
traders, especially day traders who fail very fast, they don't take necessary
precautions. I bet you didn't know this, or if you did, then you already know
something about trading. Broker keeps that money, and then shares a really nice
percentage of that money with the dude that taught you all the structures and
patterns. That's how they make money. And that's why they give away free trading
courses because that's not their business. Their business is to get a share of your
losses later. Then you can start with a very small trading deposit with a really
good trustworthy broker.
If you're interested in learning more about trading and my strategies, you can
register for my free webinar. I'll be talking about trading strategies and more
technical and detailed things in the next lesson. You can watch the next episode of
this week's free webinaries by clicking the link below.
