When is the right time to begin to make the transition from simulation trading aka paper trading to trade with real money! Here are 3 simple things to consider before trading with real money! Hope you learn something new!
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By Stock Chat

where the coffee is hot and so is the chat

33 thoughts on “How to know when to trade with real money 3-steps”
  1. Avataaar/Circle Created with python_avatars Kyle A says:

    Get thing to hear. I was about to stop paper trading but I'm going to stick to it a little longer

  2. Avataaar/Circle Created with python_avatars Golden Eagle says:

    Hi Rick,
    You doing good job .
    Q,What all indicators you using in daily basis ?
    Thanks !!

  3. Avataaar/Circle Created with python_avatars Hola! Nighthawk CM8 says:

    How do we start paper trading?

  4. Avataaar/Circle Created with python_avatars Артем Заянчковский says:

    That`s true! Thank you

  5. Avataaar/Circle Created with python_avatars Dominic Shortridge says:

    I always feel so optimistic about my trading: red or green days, when I watch your videos. Thank you for trying to instill that mindset!

  6. Avataaar/Circle Created with python_avatars KuKi says:

    Love this new video quality.

  7. Avataaar/Circle Created with python_avatars John Jacobe says:

    can you be my mentor ?

  8. Avataaar/Circle Created with python_avatars Curiosity Trader says:

    Great Lesson! Focus on the Process not the Outcome.

  9. Avataaar/Circle Created with python_avatars Aan Ali says:

    Which day trading platforms do you use?

  10. Avataaar/Circle Created with python_avatars baye g says:

    Who purchased LPP? Is it worth it Need feedback!!

  11. Avataaar/Circle Created with python_avatars David Vincent 2nd says:

    Listen to Ricky ! I’ve watched a lot of his videos and I believe this is the most important one I’ve seen. If you cannot do these three things don’t put your money at risk. Keep it in the bank until you can. Also keep right on listening to Ricky . I get the most important information when he says he lost money today and here’s why. I learn how to have a chance at doing things a little different from those videos. So I cannot say it enough: Listen To Ricky !

  12. Avataaar/Circle Created with python_avatars Azaad says:

    Dawg you dropped this video at the right time 😂💪🏽

  13. Avataaar/Circle Created with python_avatars Chris says:

    what’s TD Ameritrades trading fee?

  14. Avataaar/Circle Created with python_avatars Jason Leong says:

    1. Having a proven track record over time
    2. Understanding what you're doing right & wrong
    3. Risk management

  15. Avataaar/Circle Created with python_avatars Bimnet T says:

    Recently got into how to day trade and your videos has helped me out a lot! I have so much to learn but I’m interested and excited to keep learning. Just wanted to say thanks for keeping quality content free for us on yt!

  16. Avataaar/Circle Created with python_avatars Gabriel Gonzalez says:

    How are you set up with the IRS? Are you a day trader or an investor?

  17. Avataaar/Circle Created with python_avatars Selasi says:

    Hey man I'm a teenager and I would love to engage in your LPP course but I live outside America and I love if I could DM you personally

  18. Avataaar/Circle Created with python_avatars Vikkis says:

    This should have more viewers than Apple special event

  19. Avataaar/Circle Created with python_avatars Azaiah Reacts says:

    Really needed this video 🙏🏾

  20. Avataaar/Circle Created with python_avatars irfan khan says:

    How do you paper trade (simulation trading) ?

  21. Avataaar/Circle Created with python_avatars Krishna Raju says:

    paper trading and made 3.5% in forex today

  22. Avataaar/Circle Created with python_avatars Dodecahedron says:

    Made over 40K today and my account only had 50K in it 🤣👌

  23. Avataaar/Circle Created with python_avatars Sean Remillard says:

    Thanks Ricky!! Love your advice!!

  24. Avataaar/Circle Created with python_avatars Wayne Bennett says:

    Wassup Ricky. I usually trade with a 1:2 ratio. Risk 1% to gain 2%. I've noticed in a number of my trades I may be up +1.2% but it doesnt quite hit +2%. So it'll fall down to my stop loss of -1%. My question is how do you know "when" to take profits?

  25. Avataaar/Circle Created with python_avatars Andy-man says:

    My favorite quote from the video…."Enjoy the process".

    We are so blessed to have limitless tools and resources available to us to learn about the market and trading. Enjoy the ride everyone

  26. Avataaar/Circle Created with python_avatars Carlos Weaver says:

    Thanks for the video. Traded on laptop Monday for the first time. Does anyone know how to make it happen where when you click and drag the cursor it tells you the percentage change that distance is? Such as Ricky does for risk/reward scouting. Thanks.

  27. Avataaar/Circle Created with python_avatars Cherry Tung - Retired at 25 says:

    Stop expecting to get rich quick with investing. Be patient, do you research, and let the results roll in 🔥💪

  28. Avataaar/Circle Created with python_avatars BIG JDM says:

    great video, perfect timing.

  29. Avataaar/Circle Created with python_avatars GO Invest says:

    Thanks a lot for sharing the tips to trade and make money in this video.Keep making more informational videos about trading

  30. Avataaar/Circle Created with python_avatars Adrian Garcia says:

    Risk manage really is important today was an example for me on why it is

  31. Avataaar/Circle Created with python_avatars Jared Sowers says:

    Thank you!! I've been waiting for a video/answer on this! Congrats on your relationship too man!!

  32. Avataaar/Circle Created with python_avatars Edible Rubber says:

    Biceps

  33. Avataaar/Circle Created with python_avatars RIO says:

    arf

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