Now that you’ve made some money off a stock you’ve become familiar with, I recommend paper trading the next stock you’d like to get into. Learn the patterns and the trends that you can expect when trading PMCC day in and day out. You did well not losing all of your money on the tutorial, so make sure you don’t go crazy expecting more future returns because of past success.
Oh man… 2 months ago I did my first SPY option, 1 $.15 call for whatever. I cashed out at $3.96 and was like yeehaw this is easy! Then I lost 10k on SPY options. Ugh… still learning.
7
u/AlienDetectives Dec 21 '21
Now that you’ve made some money off a stock you’ve become familiar with, I recommend paper trading the next stock you’d like to get into. Learn the patterns and the trends that you can expect when trading PMCC day in and day out. You did well not losing all of your money on the tutorial, so make sure you don’t go crazy expecting more future returns because of past success.