How Much to Start Trading Penny Stocks With-Tips for Small Accounts & How I turned $600 into $30,000 | Forex
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How I turned $600 into $30,000 trading stocks and options Made this video because so many people were asking me how much they should start trading stocks with. A lot of people who trade penny stocks or are trying to learn how to trade penny stocks ask me this a lot so I figured I would throw that in the title. As you will see though, this video is going to actually going to teach quite the opposite to trading penny or OTC stocks haha. Nonetheless, selecting an amount to start trading with in super important so I go into pretty good detail as to why it is and how you can use the info to your advantage! I also give a bunch of tips for those trading small accounts, so whether you are a begginner looking how to trade penny stocks, trade options or even stocks, there should be some good info for you. I also explain how The Trading Fraternity works and the details of our program. I Also go over our new service that we are going to be offering and explain how its different from the likes of most stock services. If you would like to learn more about how to trade stocks, options or penny stocks or need any tips for beginners, OR even if you already have experience, go to our website http://www.thetradingfraternity.com Don't forget to subscribe and follow me on twitter and instagram! http://www.twitter.com/joshanswers http://www.instagram.com/thetradingfraternity
Comments
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Information starts at 16:35...
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That 20 grand would do me for the next 5 years regarding housing arrangements and university.This is real motivation thanks for sharing your insist
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I see people getting so discouraged in the video when this guy is actually giving out good advice. Yes, you can trade with a small account and make some money, but it isn't likely. More money means that you can spread your shares into different sectors of the stock market. If you have a small account and invest it all in oil, and one-day oil shares plummet, you pretty much lost. People should honestly just save more money, read more about the market, paper trade, and learn as much as possible, like me. So when you actually start trading with your own money, you minimize mistakes. Good video.
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Traded into earnings of NFLX and AMZN... Pure gamble.
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I actually listened to this guy video hoping he will at some point give some helpful advice...all he does is discourage an scare ppl onto not doing stock...start with what you can spare
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2 mins into the video he says no less then $1000 yet the title say how I turned $600 into 30K I'm confused
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Amazing.
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Hello, is The Trading through this only for people in the state's to sign up? I Live in Australia
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How much does he charge for the chat-room?
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I think what he is saying is HE started with $600 but recommends starting with at least 1-5k to help everyone.
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Can I turn $0.01 into 1 million in a afternoon with your strategy while jerking off in the shower trading from my phone?
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RIP my idea of starting with £100
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Titled $600.. says to start with $5,000. // Stopped watching quick. ...
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Where can i paper trade?
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I checked NFLX(Netflix) and it was 64,94$ per share on the apr 6 2015, then it went to 79,90 on 20th of April. So gain is only 20%, not 200% per deal. Looks like this guy just trying to sell something with his website and showing bullshit to new people(((
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You're wrong about the startup cost. I started with $300 a year ago and I'm already up to almost $800. There are definitely strategies you can use for really small accounts. I started when i was 15 so i didn't have a lot of money my parents would let me trade. If you don't have a thousand dollars to trade don't worry! YOU CAN STILL TRADE WITH A FEW HUNDRED DOLLARS as long as you have good risk management.
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can you make a video on how to paper trade ?
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the new beginner bigwst downfall is that think they will be rich over night. this too is not impossible but to achieve that level of richness then you must begin trading with hundreds of thousands of dollors or you are extremely lucky..... I don't have either of those options so I build on the little that I make with patience
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starting small is not impossible. simply draw up a realistic expectation and stick to it. simple.... some days u win some days u loose but either way but not let your emotions take over your trading or else YOU WILL LOOSE
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I started with a UK broker ..... lcg ..... and the shares I was buying for a month was Barclays. the UK bank. don't expect to get rich period. just try to make $10 a day or $200 for the month.. trade early every morning and late afternoon.. you can leave your position in overnight too, never trade between 12pm - 3.30pm UK times .... within this time practice on the demo. study the candles and price movements. start small and don't be gready.... simply get your 10 for the day even if you have to sit and wait for hours till the moment is right to trade.
good luck