Just keep watching the classes...

[Stuart 16]

It's been about a month since I started this journey. First, I signed up for taste of day trading. Next, I watched the free classes. Third, I signed up for DAS trader two week trial. After watching the trading in the chat room and the recaps for a week or so, I decided to join BBT Lifetime chat. The cost seemed very reasonable for as much content that is available. Not to mention the friendly folks in the chat room, and members only webinars. You can learn a lot with DAS and just watching the chat members. But, after not being able to understand what I was watching and listening to 100%, I decided to re-visit all of the classes. It really helps to re-watch the classes if your just learning. Don't be distracted by anything in the videos. Just concentrate on what Andrew is trying to explain. Use the Pause, take notes, rewind. Just keep watching, and VWAP, Opening range breakouts, ABCD patterns, moving averages, price action, order flow, Level 2 , risk/reward, and all of the other jargon will suddenly start making since. I can now watch any of the recaps and understand exactly what they are talking about. Next week I start the 3 month DAS simulator to see if I really do understand! lol   (And then there is live trading, a new ballgame.) So, my aim  for the next three months is to get the mechanics down better, practice responsible risk/reward guidelines,  honor my stop losses, and watch more classes and webinars.

 

I guess with all that being said, my advice as a beginner is "Just keep watching the classes...."

 

Stuart K

[Abiel 475]

You are 100% right Stuart! make sure you journal your sim trades, also revisiting your past trades will show you a lot of things! You can get lots of ideas about journaling reading "Day Trading Journals" forum....