[umfan92]

Hey everyone. I'm new to Traders Laboratory. I have barely any trading experience but I have wanted to learn about the stock market for a long time now. I'm 19 years old and just got started trading. So far I've lost some money but I guess it's just rookie mistakes. I hope to learn a lot on this forum. Thanks everyone.

[MadMarketScientist]

Hi umfan92,

Welcome to TL ... we have lots to read so make sure to dig thru all the great threads and don't be afraid to ask questions

thanks,
MMS

[Ingot54]

Originally Posted by umfan92 »

I have barely any trading experience ... just got started trading. So far I've lost some money ... I hope to learn a lot on this forum

Welcome umfan92

I have summarised the key parts of your introductory post.

It is good that you have experienced losing ... so you will already be realistic about what markets can do. Basically it is about transferring money ... to those who understand trading and market activity / behaviour, from those that don't.

My advice to you initially, is to take your time ... be patient ... learn to trade one thing, but trade it well. And don't forget to have fun, remember to appreciate and be grateful, and aim to get rich slowly.

You can see I love giving out free advice, but that's the nature of forums. Your task is to find out if I'm full of fluff ... or if the next person is. You will find what you look for here, but be prepared to work at it - over many hours. Define your expectations, and learn to set goals and keep records.

The other 999 pieces of advice will come to you in time!

[Tams]

Originally Posted by Ingot54 »

Welcome umfan92

...

The other 999 pieces of advice will come to you in time!

like a dead watch... at least 1 of the advises will be accurate twice a day.

[MightyMouse]

Originally Posted by umfan92 »

Hey everyone. I'm new to Traders Laboratory. I have barely any trading experience but I have wanted to learn about the stock market for a long time now. I'm 19 years old and just got started trading. So far I've lost some money but I guess it's just rookie mistakes. I hope to learn a lot on this forum. Thanks everyone.

A big mistake is trying to buy low and sell high or short high and buy back lower. You can make just as much money, if not more, buying high and selling higher or shorting low and buying back lower, taking advantage of the "experts" who try to buy low and sell high or short high and buy back lower. Leave the top and bottom picking to the "experts".

[Tams]

Originally Posted by MightyMouse »

A big mistake is trying to buy low and sell high or short high and buy back lower. You can make just as much money, if not more, buying high and selling higher or shorting low and buying back lower, taking advantage of the "experts" who try to buy low and sell high or short high and buy back lower. Leave the top and bottom picking to the "experts".

I would leave the top and bottom picking to the "volunteers".

[umfan92]

Thanks everyone for all your responses! I appreciate it. I look forward to learning a lot from all of you.