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By Stock Chat

where the coffee is hot and so is the chat

26 thoughts on “How to make more money trading as a beginner?”
  1. Avataaar/Circle Created with python_avatars MoneyManFernando says:

    What is your opinion of the Stochastic Oscillator for swing trading ??

  2. Avataaar/Circle Created with python_avatars Florida Pressure Washing says:

    I envy you Ricky, I really do

  3. Avataaar/Circle Created with python_avatars Facondo Panicucci says:

    I bought 100 BTC in early 2011 when they were priced at $0.06 each. I knew at the time when I bought them that one day they were going to be worth a fortune. I can remember telling my wife exactly that, and she agreed with me. But the thing is, what I didnโ€™t expect was for it to happen so quickly. I didnโ€™t even think it would happen in my lifetime, I thought it was probably going to happen in my childrenโ€™s lifetime. But, there was a lot going on at the time, our house had a dry rot problem, I had a lot of bills I needed to pay and debts I needed to pay off. So, I sold the 100 BTC I had on MtGox when the price was $4. I thought I would have plenty time to buy back in again. Shortly afterwards in 2013 the price rocketed up to $1,200. I had just lost out on $120,000. It was hard to bear as like I said, I knew they were going to be worth a fortune. I lost interest in bitcoin until its all time high of $20,000 where i bought 6 BTC which i saw crumbled to a mere $6,000. Bitcoin has burnt me twice but i kept faith and wasn't going to sell again like i did. This time around, i decided to try trading which i researched on until i met Kenneth Baine (bainekenneth@gmailcom) . Trading with his guidance has been my turning point and i pay myself every 2 months from the profit i make as a trader using his daily signals and trade patterns. That way, i earning continuously and i am not concerned about price fluctuation, bulls, bears and the unpredictability in bitcoin as my profit margin exceeds 400% ROI. His system is one of the best and by far the easiest to adopt. This goes especially to beginners and those finding it hard to turn in consistent and significant profit from crypto, your surest bet is Mr Baine

  4. Avataaar/Circle Created with python_avatars mikedok1 says:

    Overtrading DOES have a negative impact on your account. I almost completely emptied my account, last year from overtrading and revenge trade. I started my account with $300. Followed my rules rigidly for 3 months and almost doubled it. Didnโ€™t trade every day. But I will say I was reckless here and there, and got lucky a few times. Thatโ€™s when I one day got cocky. I thought I was smart enough and did my own thing. I thought I had found the secret to the market, and was smarter than it. till it came back and bit me. First I lost almost $120 in one day. Then I revenged traders, but got about a quarter of it back. Then I traded again and lost another huge sum of money. Then I quit. It was horrifying. A few days later I decided to give it go again. I thought I had gotten over the freak out, but I clearly wasnโ€™t, but I had to make my money back. I gained $70. I was pumped. I was like oh cool, Iโ€™m back in the grove again, I traded again, and lost double that. Like an idiot I tried to get it back immediately. I lost even more!! Anyway long story short, I whittled my account that I somewhat, steadily built from $300 to almost $600, within 3 months, to a measly $48, within a few days.

  5. Avataaar/Circle Created with python_avatars Aiden DE says:

    How do you know if the trade is a good opportunity

  6. Avataaar/Circle Created with python_avatars Ilyass says:

    Hey Ricky
    What is your strategy ?Do you use scalping or day trading ?

  7. Avataaar/Circle Created with python_avatars ItsVisuals says:

    So with cash account I can still day trade? On Robinhood

  8. Avataaar/Circle Created with python_avatars PD says:

    Hey Ricky, I just started trading about a week ago. One of my first trades was bpth, I got in at $28 and sold at $62. Obviously it was pure luck, but Iโ€™m having trouble narrowing down my watchlist because right now there is so many securities breaking out all over the place and keeping up with everyone can be a bit overwhelming. Any tips on narrowing down such a huge list?

  9. Avataaar/Circle Created with python_avatars Joanne Vaccarella says:

    Screen is too dark, can you lighten it up please. It's easier to see and better on the eyes. Thanx.

  10. Avataaar/Circle Created with python_avatars phenomenal says:

    I live in Palestine _Gaza city can I trade what are you trading ?

  11. Avataaar/Circle Created with python_avatars Nour Michaelis says:

    PLEASE everybody, can anyone suggest me an international broker account?

  12. Avataaar/Circle Created with python_avatars DREW says:

    Could you do a full guide on how to trade stocks the stocks just look so overwhelming and I donโ€™t know what anything is at all

  13. Avataaar/Circle Created with python_avatars Antonio Caballero says:

    Wich broker or platform you use for day trading?

  14. Avataaar/Circle Created with python_avatars Ash says:

    Wonder if somebody in the know could help me, I'm from the UK and the only day trading/swing trading I can find is CFD's/Spread Betting (contracts for difference) that trade on leverage, I'm using IG. Is this what Ricky is doing? Because it doesn't seem so as he never mentions leverage. The only other financial instruments I can find are Share dealing and they have a pre determined time where you can sell, you can't just get in and get out. I've been learning a lot but this has thrown the breaks on, if anyone has any advice I'd be really really grateful

  15. Avataaar/Circle Created with python_avatars joshkeatley says:

    I really like this video! Great job Ricky! Over trading was my biggest mistake in the beginning.

  16. Avataaar/Circle Created with python_avatars Higher_human1 says:

    Are their any active coupons for the learn plan profit group? & is it worth the $300?

  17. Avataaar/Circle Created with python_avatars Yussuf Phiri says:

    M 17 years old and l trade forex .I find your trading style very effective๐Ÿ™Œ …thnku Ricky for all th hard work tht u a doin ….thnku.

  18. Avataaar/Circle Created with python_avatars Edmond Andrah says:

    Can u explain high time frames and time frames?

  19. Avataaar/Circle Created with python_avatars Mauro Kane says:

    pdt rule applies to cash account or margin account?

  20. Avataaar/Circle Created with python_avatars Yussuf Phiri says:

    Thanku man …..over trading mostly ends up n a negative effect.

  21. Avataaar/Circle Created with python_avatars Karel Kucerovsky says:

    why did @Nat get banned on your chatroom? he was just helping us all

  22. Avataaar/Circle Created with python_avatars ANTICRIPTO says:

    GOOD!!!! LIKE FOR YOU!!!

  23. Avataaar/Circle Created with python_avatars harsh here says:

    Ricky do you use music while trading ?

  24. Avataaar/Circle Created with python_avatars Emlux says:

    What is the pdt rule

  25. Avataaar/Circle Created with python_avatars Doug Ferrell says:

    The camera is on your left Ricky… ๐Ÿ™‚

  26. Avataaar/Circle Created with python_avatars Ulises Bernales says:

    I think as a beginner trader should first get educated then start swing trading and when he gets more experienced start day trading, cuz with the pdt rule you could loose 3 trades and thats it u have to wait a whole week so yeah just my advice ๐Ÿ˜Ž

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