In the aftermath of this morning's ugly trade on (NUVO), I have decided to take a step back and do some more paper trading before I put my bankroll at risk again. These past few days of trading had led me to believe that I'm not yet ready for the "Big-Show." I still have a lot to learn! In fact, I haven't done enough Paper-trading before I jumped into money trading. In other words, as Brett Steenbarger said it... "I'm short-cutting the learning curve."
I agree with him that the last thing I want is to put my bankroll at risk! I was overly excited when the money was handed over to me. I cut short my learning, and dived right in because I thought i was ready for 'show-time.' I was not! Not even close!
Since I'm supposed to track my transactions, even when I'm Paper-trading, I will continue to blog my trades here. I will tag them with the appropriate words, like Paper Trading, etc. I don't have the details on how I'm going to Paper-trade. But I will definitely treat it as if I'm trading with my real money.
Obituary | A. Cecil Schoeneman | Miller Funeral Home & On-Site Crematory
-
Cecil worked at Schoeneman Bros. Co. in Inwood, IA and then in Sioux Falls
for over 60 years. He became interested in sports cars in 1955 and started
racin...
Great site, great blog, and great story. I'm also a new daytrader, started about 3 months ago. Look forward to your future posts.
ReplyDeletethis is a fascinating journey! thanks for sharing, wow!
ReplyDeleteall the best
Bubs and Babak,
ReplyDeleteThank you for visiting my blog! More importantly, thanks for your encouragement!
Closet Daytrader