3 Main obstacles stock traders have in the beginning when they are first learning to trade…. Get more of my tips from my newsletter at: http://tradersfly.com

★ SUBSCRIBE TO MY YOUTUBE: ★
http://bit.ly/addtradersfly

★ ABOUT TRADERSFLY ★
TradersFly is a place where I enjoy sharing my knowledge and experience about the stock market, trading, and investing.

Stock trading can be a brutal industry especially if you are new. Watch my free educational training videos to avoid making large mistakes and to just continue to get better.

Stock trading and investing is a long journey – it doesn’t happen overnight. If you are interested to share some insight or contribute to the community we’d love to have you subscribe and join us!

FREE 15 DAY TRIAL TO THE CRITICAL CHARTS
— http://bit.ly/charts15

GET THE NEWSLETTER
— http://bit.ly/stocknewsletter

STOCK TRADING COURSES:
— http://tradersfly.com/courses/

STOCK TRADING BOOKS:
— http://tradersfly.com/books/

WEBSITES:
— http://rise2learn.com
— http://criticalcharts.com
— http://investinghelpdesk.com
— http://tradersfly.com
— http://backstageincome.com
— http://sashaevdakov.com

SOCIAL MEDIA:
— http://twitter.com/criticalcharts/
— http://facebook.com/criticalcharts/

MY YOUTUBE CHANNELS:
— TradersFly: http://bit.ly/tradersfly
— BackstageIncome: http://bit.ly/backstageincome

source

35 COMMENTS

  1. Great video! My obstacle is the fees.  Even on paper I'm getting killed at ten bucks a trade.  I won't go near live trading until I get that in order, and then it will be Robinhood and Etrade when possible. I study every day up to six hours a day because this is the best job I will ever have next to my banking job.  I understand most of the terms but need to overcome learning disabilities quicker than 10 or 12 years lol.  As long as it takes I will do it.  Don't tell me what to do, I like to do my own research and then get confirmation later if 'm right or wrong.  I love the aspect of having to control my inner mentality in order to be a better trader because I have had to do this in life in general. I get pissed when I am not sure what I'm doing wrong, such as missed patterns or the computer not executing a command fast enough.  A bad reaction to a situation in general is another obstacle.  I always try to fix errors so I can learn and grow as both a human and profitable trader!

  2. I'm a trader that sure has the scars of what your talking about. I don't follow the tv on any trades. I check with 2 brokers on the rating of stock an my biggest problem is reading the candle patterns an candles right. I know I need more education on candle stick reading. I use 10 day moving aver. over 100 day moving aver. with the fast stochastic an the MACD with the 2 line crossover. My biggest problem I have is entry an exit. I been so far learning about option now for about the last 6 months to a year an that;s a lot of info to take in at one time. I been getting small wins but nothing to put bread on the table. I entered into ARCX on a lon legged doji reversal $3.15 an it still went down $.40 an did the reversal at a gravestone doji at $2.60.

  3. I wish to apply a stop loss trade according to 1:1 or 1:2 rule, but most of the stocks just pop right back sometimes. This will cause me to lose a potentially winning position. How do we tackle this issue in day trading? Should I put a stop loss for an unrealistic low amount. But that would really reduce my protection too. Any suggestions?

  4. this is gold. people wont understand the essence unless the experience what you just said. I am new trader and ibelieve best learning experience is pre-mature homework and expreicne to be able to do mature homework !

  5. There are no shortcuts, you must fail before you can succeed, this is why so many traders give up in the beginning. My advice is to read .read..read and find out more about the company your investing in. if you don't like the business, then don't buy the stock its that simple.

  6. Every word sooo true! Thanks for expressing these facts. I thought these psychological issues just applied to me. I fire myself in trading all the time but always rehire myself soon after because I love trading so much. Kind of a love /hate relationship. 15 consecutive wins and then a loss can kill my spirit but my lack of focus and or patience is always to blame in the end. Once I learn patience Ill be just fine.

  7. If i bought a 20 shares @ $1.50 = its $30. Say, if the price of the stock goes up to $2. I have stock worth $40. If i sell it, do i make a $10 profit or have i just retained 33% of my initial stock of $30?

    Cause technically it seems like i just made $10 off $30. I dont know how to look at it please help me here

  8. Thanks for the down and dirty basics! Although new to investing, the points you are highlighting are universal. To anybody seeking more knowledge, they'd find it difficult to disagree with your message. Keep on it! Thanks man

  9. Getting past the terminology and dealing with losses are hard, but the hurdle I'm at is accidentally triggering an automatic account restriction.  Thanks for your videos, wish I had seen them sooner.

LEAVE A REPLY

Please enter your comment!
Please enter your name here