I wrote a post tackling the biggest misconceptions and questions new traders have.
Can trading replace my day job?
Yes. Well… maybe.
Is trading the same as gambling?
No! Trading is not gambling, but it can be used to the same degree.
How much money should I start trading with?
If you’re learning it’s perfectly acceptable to trade with a smaller amount of money, but as you gain more experience it’s important for it to be worth your while.
Does technical analysis work?
Not consistently, and not predictably.
How is investing different from trading?
The investment horizon may be years, but is generally not smaller than a month. Trading is the opposite.
How do I get started trading?
Before you even make your first trade it’s important for you to understand yourself, and your relationship with risk.
Will computers replace traders on Wall Street?
Not yet. This is one of the most common questions that we’ve heard asked in the past decade, and it’s not as simple as it seems.
Is the stock market random?
How do you know when to buy a stock?
Choosing when to buy and when to sell as stock is difficult, and there is no universally accepted method that will guarantee positive results.
Great read. I suggest everyone reading the entire article because it tackles some of the most common problems beginner traders face.
yolivier thanks for the great feedback !
If you guys have any other questions that you want answered next, feel free to leave them here !