Stock Trading Advice for a Small Account (Common Problems)

Enjoy your videos, in a small account ie $500 with x6 margin (day trading)what % should someone use i know normally it is 2-3% but in small account should i use more?

hey man do you have any video that tackles problems with losing streaks
you know more like psychological problem with regards to trading, I already lost 30% of my account this year and I have this itch to trade even if the stock has no trade set up…. thanks in advance Sasha hope you can answer

my dad believes that me losing 150$ in stocks are alot but i keep telling him that because my account is small its a bigger hit

Great Stuff

To be successful you need at least 1,000 hours of practice trading before you even contempate doing it with real money.

I have been doing my research for like 2 weeks and I know that ant enough time to jump in and get this going. I want to be knowledgeable about trading. I have did some reading and also watch some videos. I'm not trying to make millions in a week. I have been exploring what kind of trader I want to be. I want to trade options then investing on existing companies. You go in to this, what are you willing to lose even if it is just $300 it my take time to grow but if you have the motivation and some skills to go along with it you mite make it do something. I do disagree with this video not because you are wrong it what you saying it's because you are wrong in how you go about saying it. People need motivation and how they can go about doing something, yes in some cases it's time consuming they have to be willing to put in the time. I do think you are right in what you are saying but I have the time and the motivation to make this $300 a $1,000 and to make that $3,000who knows I may even lose that $300 but I was willing to lose that in order to make $3,000. Some platforms even educate you and how to trade for free as long as you open account with them and that account maybe $250 to open but as long as you are getting that information it's all good. You have to educate yourself.

I definitely recommend paper trading before you use your own hard earned money when you're new to trading. Make sure to treat your "fake" paper trading money just as if it is your own, this will allow you to be more responsible and wise just as if was real money. This approach helped me a lot and will definitely prepare you for the future.

Like how many hours do i Need to dedicate a day to a small account? And is there a possibility i lose all the money?

Love your videos! the only thing i would add to this, is in the personal growth section when you talked about real mistakes costing real money. Thinkorswim by TdAmeritrade has the paper money option for practicing in real time with the same platform you can use for real trading and is a wonderful tool for beginners

The last thing a person with a small account wants to hear is to take the few hundred they saved up through blood sweat and tears that they planned on investing on the stock they've been watching for months/years is "Go buy some educational books"… They would be better off just jumping in the market with a share or 2 of AAPL…And scale in as the price goes up. Giving them motivation and a solid foundation to get started. Not all but a lot of the books will confuse and scare away new investors with too many technicals and too much jargon… All new people have to do is buy companies like AAPL or ADBE… And keep adding $$$ and buying and keep automatically reinvesting the dividends and they'll be fine. Just avoid no name cheap penny stocks! Stick to the well known brands.

So in other words In order to make money in stock you have to use a lot of money???

TradeKing has just switched to Ally.

Every word you said in this vedio is so true that I should call you a super specialist. Sir, I also face the problem of choosing which broker with least chargers and money request to open up an account. I really wanna begin earning through stocks. Please guide!

Tradersway Brokerage offers a $10 minimum deposit. Is that not enough?

Don't forget to tell them they cant trade stocks more than 3 times a week unless you're acc balance is greater than 25k. They will be stuck being investors with a small account. Like me. PDT rule

Although it comes with its limitations, the application Robinhood allows you to trade for free. I use it on my iPhone and love it. It does not require you to have a minimum balance or hold a minimum balance. However, there are certain limitations on the different types of trading – no margin trading, options, etc. If you use a free trading platform, e.g. thinkorswim, it might pair well with an actual trading app like Robinhood. You don't have to waste your money on brokerage fees.

I am in India and I just invested 1400 INR (21 dollars) and made a profit of 23 rupees (0.34 dollars) on my first day. Now I am confused between buying an aston martin or a lamborgini. Any suggestions?
(I am a student and I am just doing this for the lolz. Also brokerage and account fees are minimal here)

i live in europe, do you know other brokers (besides IB) ? if my country coin is euro and i want to trade in the american stock market do brokers change from euro to dollar ?

Hello sasha can you post some knowledgeable videos on binary options(intraday technicals)please…thank you

I have 60 euro is that even close to be enough to start?