chrismakk69 Posted July 27 Author Report Share Posted July 27 I'm going the etrade route... Quote Link to comment Share on other sites More sharing options...
dgmodel Posted July 27 Report Share Posted July 27 always use mental stop losses, and be disciplined... if you have any questions or just want to chat drop me a pm... Quote Link to comment Share on other sites More sharing options...
chrismakk69 Posted July 27 Author Report Share Posted July 27 no doubt...thanks.. Quote Link to comment Share on other sites More sharing options...
dgmodel Posted July 27 Report Share Posted July 27 i dont know if ill be much help, but feel free... Quote Link to comment Share on other sites More sharing options...
chrismakk69 Posted July 27 Author Report Share Posted July 27 Quote Link to comment Share on other sites More sharing options...
kfitz73 Posted July 27 Report Share Posted July 27 One book I would recommend is The Market Is Always Right: by Thomas A McCafferty. I like this book because it is deals with the psychology of trading (emotions). It also gives a brief overview of Technical & Fundamental analysis which is always good to learn. Quote Link to comment Share on other sites More sharing options...
kfitz73 Posted July 27 Report Share Posted July 27 Another book that I hear recommended a lot (although I haven't read it) is Jack D Schwager's Market Wizard books... Quote Link to comment Share on other sites More sharing options...
chrismakk69 Posted July 27 Author Report Share Posted July 27 Nice...I'll check em out... Quote Link to comment Share on other sites More sharing options...
funkyfreshdc Posted July 27 Report Share Posted July 27 I'm going the etrade route...www.interactivebrokers.com1c per share, $1 minimummight save u some money on commissions unless you're swinging a big line Quote Link to comment Share on other sites More sharing options...
dgmodel Posted July 28 Report Share Posted July 28 i hear good things about ib as well... however it could be all hype... Quote Link to comment Share on other sites More sharing options...
tc55 Posted July 28 Report Share Posted July 28 def do a mock portfolio for a while. very easy to get f*cked in the ass w/ options. and i dont think they are the greatest thing for beginners/novices to screw around with.Once you learn options and understand how they are valued and priced you can do magic with them. I would suggest starting with covered calls. You are forced not to trade to often, watch and hold your position, and you will learn the correlation between options and their stocks. Plus in this market covered calls can make you some decent money. Quote Link to comment Share on other sites More sharing options...
murrrr Posted July 28 Report Share Posted July 28 well hello there Once you learn options and understand how they are valued and priced you can do magic with them. I would suggest starting with covered calls. You are forced not to trade to often, watch and hold your position, and you will learn the correlation between options and their stocks. Plus in this market covered calls can make you some decent money. Quote Link to comment Share on other sites More sharing options...
kahn Posted July 28 Report Share Posted July 28 Pit Bull, by Marty Schwartz is a great story about his beginnings as a trader.......... Quote Link to comment Share on other sites More sharing options...
kahn Posted July 28 Report Share Posted July 28 Another book that I hear recommended a lot (although I haven't read it) is Jack D Schwager's Market Wizard books...these are stories of guys who made it big as traders.....very inspiring..... Quote Link to comment Share on other sites More sharing options...
iamme Posted July 28 Report Share Posted July 28 i wish i had more $$ i could risk right now got some puts i want a piece of Quote Link to comment Share on other sites More sharing options...
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