Hello, my name is Majd. I‘m intrested in entering stocks trading. I’ve saved up a good amount to start, I just do know how to start or what to get into. Can you point me in the right direction?
Welcome to Brilliant Bridges! your in the right place. I myself am a stock options trader and have found some success in trading with almost 2 years of experience. I get asked all the time if I ever bought courses to learn, but you dont need to buy crazy courses out there. If I could start all over, I’d start by learning the fundamentals before you ever trade real Capitol.
if there is one thing you need to understand is you will loose money when you begin, it happens to all of us. You will have emotions and trading will teach you a lot about yourself which will in many ways make you question your psychological being, but know you are building a skill.
Best softwares to start trading are Webull and Td Ameritrade.
some youtubers who offer free education and are trust worthy are Teambull Trading, carmine rosto and Brandon trades.
Hiya Majd! Welcome! :) your part of the collective now! :)
As far as stocks, and just building on what Christopher said, stocks are very fickle kind of thing are you talking about specific stocks and individual companies or mutual funds ETFs indexes etc?
So there's a lot of gurus like Christopher was saying but the biggest thing that I've learned to generate a good amount of money with stocks and ETFs and indexes and such. Is really just a jump in there learn everything you can about the stock and what it is or what it does and doesn't do meaning if it's an index fund that tracks 10 companies you need to do all the research on those 10 companies understand the markets they're in and understand whether or not they have an opportunity to raise money or lose money. Don't just buy a stock or Index Fund based on what somebody says you have to do your research. I personally am invested in a couple of stocks because I did all the research and I know they will go up and they have gone up, I.E Boeing. Have you ever purchased any stocks before and what platform are you Trading on? Only because I use Schwab is why I'm asking so I can guide you on that platform.
Love the questions and love the team work Chris! 👏
Hey Majd,
Welcome to Brilliant Bridges! your in the right place. I myself am a stock options trader and have found some success in trading with almost 2 years of experience. I get asked all the time if I ever bought courses to learn, but you dont need to buy crazy courses out there. If I could start all over, I’d start by learning the fundamentals before you ever trade real Capitol.
if there is one thing you need to understand is you will loose money when you begin, it happens to all of us. You will have emotions and trading will teach you a lot about yourself which will in many ways make you question your psychological being, but know you are building a skill.
Best softwares to start trading are Webull and Td Ameritrade.
some youtubers who offer free education and are trust worthy are Teambull Trading, carmine rosto and Brandon trades.
contact me if you have any questions!
best,
christopher