Hello World! Welcome to Journey To Day Trading!
I started trading stocks just a few months ago, and what I noticed that while there was a LOT of content on stock trading on the internet, much of it was talking AT me, not TO me.
As I started to learn – from others, and from my mistakes – I thought it would be great to document these so that others who start this journey could have a resource to turn to.
I can’t tell you how many times I wished I could talk to someone in the trenches, someone who can relate to my questions, my concerns, my doubts. And someone with my portfolio size in hundred or a few thousands, not with $100,000 to trade with.
Many of the online resources take a one-size-fits-all approach in their training and recommendations. They don’t take into account that most new traders aren’t going to start with a sizable amount of cash. Some don’t have that kind of cash, and others are not comfortable dipping their toes with tens of thousands of dollars.
You’ve probably quickly become aware of some harsh realities that prevent you from jumping on the next hot stock – or selling it for a profit – even if when it may seem like you’ve got enough money to do so.
You may be asking if you should open an brokerage account with Robinhood, Webull, moomoo, TD Ameritrade, or somewhere else. And why?
You’re probably not sure why some brokers have something called Good Faith Violations, while others have Pattern Day Trader restrictions, etc.
You may not be sure if you should have a cash account or a margin account. Or what the main difference are.
And then, as you get into trading situations, you will likely run into some ugly trades that will ruin your day and leave you wondering what you did wrong.
Sounds like you? Then you’re in the right place. On this blog, I will share educational content to help demystify the world of stock trading – from a non-professional to a non-professional. I will share some of my toughest learning experiences and the lessons they taught me. And I will share how I learn, who I learn from, and what works for me.
Bookmark this website and keep coming back regularly. Tell your friends. Follow me on Twitter at https://www.twitter.com/journey2dt. And comment on my articles or engage with me on Twitter (@journey2dt).
In my next blog post, I will share my story.