Desire is the starting point of all achievement, not a hope, not a wish, but a keen pulsating desire which transcends everything. – Napoleon Hill
Having invited myself to this party, I have started my “stock market journey” with three very simple things…
Follow smart people
By follow, I don’t mean blindly follow the trades or trade suggestions but rather, follow as in how a Padawan would follow a Master.
Listen, Learn and Enjoy.
Trader Mike is is the first trading related blog that I subscribed to. I am amazed at and grateful to the time and effort Mike has spent sharing his experiences.
Start trading
Yes, start trading from day 1. So today, I made two small trades.
In my case, no amount of reading and following smart people will compensate for that “moment of truth” experience that I get when I actually push those “Buy” and “Sell” buttons.
How about you? Do you feel the same? Oh, I made 1.54% and 2.00% off of these trades. Note that I am starting small. Less than 10K (Yes, that’s right. I don’t even qualify for regular day trading. Right now. And that is about to change very soon
)
Have fun
Because if/the day I feel I am not enjoying this party, I will leave. The aim of this exercise is to learn something new, try to be good at it, build value and have fun along the way. Since I am not putting 100% of my savings into this (With a family to support and bills to pay, it would be stupid), I hope it would be easy for me to have fun.
So stay tuned and lets see where this thing goes…