Where can I find day trading mentors?
Day traders can obtain real-time advice from their mentors by chatting with their mentors in the live trading chat rooms, like the ones offered by Tradenet. Traders can also follow the mentors on Twitter, Facebook, and YouTube and gain as much support as required.
How do I find a stock mentor?
One place would be your local investing group. Most cities have groups that meet regularly to talk about trading, investing, and the stock market in general. These groups often have long-term members with deep market knowledge and varied backgrounds who are more than willing to help less-experienced traders.
How much does a stock Mentor cost?
Membership dues are just $147 per month. In fact, many members find that they get a full return on dues very quickly, by: Taking one extra profitable trade you might have missed. Avoiding that one losing trade you might have taken.
How much capital do you need to be a day trader?
For day traders in the U.S., the legal minimum balance required to day trade stocks is $25,000. If the balance drops below that level, day trading isn’t allowed until a deposit is made bringing the balance above $25,000.
Who is Tom Dante?
Tom Dante (@Trader_Dante) / Twitter. Professional Forex, Crypto and Financial Futures Trader. Living and breathing markets for the last 21 years.
How much does it cost to join the steady trade team?
Plans start at $179.95 per month or you can purchase an annual subscription for $1,899.50 (savings of $259.90). Compared to Trade Ideas A.I., this is more expensive. With a monthly plan – you can sign up for a seven day trial for only $7.
What is a trading mentor?
A trading mentor is someone who can help you through the process of understanding the market. Mentors are like teachers — they can help you narrow your focus and even share trading strategies. And the really good ones teach you to think for yourself.
Why simpler trading mentoring?
At Simpler Trading, we want everyone to have the freedom to live a happy, simpler life, and trading can help you achieve that. With a mentor, you get expert trading advice from a real, successful day trader. Having a mentor provides you with the opportunity to ask questions, get feedback, avoid those trading pitfalls.
Should you trade with an experienced or famous day trader?
Maybe even a famous day trader. We don’t want you to waste your time wading through business after business, trying to find an experienced trader you can trust to guide you in the right direction. Trade with our team of experienced and famous day traders instead.
How to find a good stock market analyst?
Look for a person who shares his analysis in the live market. Observe him for several months (yes, not a few days and not a few weeks). Once you get clarity on his trading ability, then surrender yourself to him. Leave your ego aside and just follow his instructions.
What should one do before starting trading?
Before starting anything or any new job, one must always do background research about it or be provided training to carry out the job. Same goes for trading, one must learn all there is to learn about trading or you will fail miserably.