Xadius

For smaller accounts that limit trades, is buying and then selling the same stock considered 2 separate trades or is it considered 1 trade? Thanks in advance.

Hey everyone. I recently discovered Andrews books, almost completely by accident. (I saw it as a recommended book on Amazon and figured why not?) Anyway, long story short, I had never really spent much time thinking or caring much about the stock market but once I got into the book I felt completely enthralled because the world of charts and numbers and having to research and come up with strategized tickles just about every nerd bone in my body. That being said, it’s also A LOT to take in and process. Especially since I have it in audiobook form and I can’t flip back through pages for reference. For instance, things like the rule of a 2:1 Reward to Risk ratio make sense to me, but I get confused about how to know if the risk to reward is at that ratio or not, and where things like entry points should be, etc. At some point I’ll download the charts and go back through the audiobook and try to put it all together but I drive a truck as a profession so most of my reading is via audiobook, and I obviously can’t be looking through charts while driving! I was wondering if there’s a cheat sheet of some type for easy referencing to some of the more basic concepts. Also ditto for swing trading. As I believe I’ll probably have to start there until I have more time (and $$$) to get into Day Trading.