A majority of us in here are already on our way, well what did we do to really get on the track we are on now? This is an important discussion topic because as people get started, direction accompanies "the vision". So, let's discuss how you truly got started.
My vision - Came from loosing alot of money in mutual funds during 2002 market crash. (
this is important: you have to "
want" to learn; you need a "
vision". I decided that
I was going to learn how to handle my own finances so I wouldn't have to ever rely on mutual funds, a broker, or any outside source but myself ever again).
What I did - My dad was somewhat into stocks, so I used him as my
mentor/question answerer (a
vital person to have). The first stock thing I ever did was look at thousands upon thousands of charts to try and catch onto patterns. I also started a
journal, and "pretended" to buy stocks, then track how the investment did overall. Today a
simulator is a great place to do this (vice why we created the Falkin Trading Contests to learn and grow).
So, in summary I had
THREE vital things to get started:
1.
A Vision - DRIVE to succeed, I wanted to learn BAD!! What was or is your vision?
2.
A Mentor/Question Answerer - My Dad was this for me, who is yours?
3.
A practice journal - Simulators do the trick now. How did you practice first?
This is an excellent discussion topic and I know it will help alot of others who are just getting started. Thanks for reading and let the group discussion begin
.