Lecture on Trading Basics and Strategies

Jun 28, 2024

Lecture on Trading Basics and Strategies

Introduction

  • Profited over $9,400 in the last 30 days, trading less than 90 minutes a day, 4 days a week.
  • Lecture covers everything from trading basics to advanced strategies.
  • Emphasis on giving a comprehensive overview without requiring payment for advanced strategies.

Setting Expectations

  • Trading is often misrepresented as a quick way to make money.
  • Reality: Most people take years to become consistent and profitable.
  • Trading is more about building and increasing size over time rather than making quick profits.
  • Think of trading as a long-term profession, similar to becoming a doctor.

Starting Capital

  • Recommended starting amount is $5,000, but can start with as little as $500.
  • Be prepared to lose money initially and start with small trades or demo accounts.
  • Practice consistency and avoid the