Investing
oney in the bank doesn’t work for you. Investing your money will allow your money to make money for you.
Investing is well known and we don’t need to tell a story for you to recognize it. For those who need an example, we have all regretted not buying into Bitcoin in its early stages. Now look where it is.
Getting started
To start trading you will need a trusted broker. Some include TD Ameritrade, E*Trade, Charles Schwab, Fidelity, Webull, Interactive Brokers, etc. Each have their own benefits. We personally use Webull as it is very user friendly, great customer service, and charts extremely well. This is a personal preference, but if you choose Webull we have a link below that will bring you straight to the sign up page. For those brand new that want something extremely user friendly, we have a link for Robinhood as well. Coinbase is provided for those interested in crypto.
Getting started
To start trading you will need a trusted broker. Some include TD Ameritrade, E*Trade, Charles Schwab, Fidelity, Webull, Interactive Brokers, etc. Each have their own benefits. We personally use Webull as it is very user friendly, great customer service, and charts extremely well. This is a personal preference, but if you choose Webull we have a link below that will bring you straight to the sign up page. For those brand new that want something extremely user friendly, we have a link for Robinhood as well. Coinbase is provided for those interested in crypto.
Let’s get started
For this path we will go about it a little different. Rather than giving you a step by step process, we are going to give you our best advice for your investing journey. Whether you are a beginning trader, or advanced, and you are trying to learn, we always point to The Financial Cloud. TFC is a hub of charts, education, ideas, signals and more. The link will give more info as to why you would buy their paid version, but their discord is free to join.
Whether trading as a hobby, career, or retirement plan, The Financial Cloud has something for you. Get real-time prices, options flow, and technical analysis alerts sent directly to your phone, desktop, or tablet. Give yourself an advantage over the average trader. We have spent countless years building a friendly and helpful community, and now, we are opening the doors to you. Join us today by choosing a plan on the subscriptions page.
With a free community and free education, this is an excellent tool for investors. Our knowledge on the stock market is all from Google and TFC. It is just a matter of how much effort and time you want to put into it. As we cannot give financial advice, we can say knowledge is power, and both Google and TFC will get you there. Below are our top tips when investing.
- Practice risk management
- Start a paper trading account before risking your own money
- Use Google to understand things you do not know
- Mentality is EVERYTHING
- Do not revenge trade
- Do not over trade
- Always have multiple confirmations before entering a trade
- Do not chase
- Always have multiple confirmations before entering a trade
- Don’t risk more than 3-5% of your account
- Always use a stop loss
- Stick to your plan
- Always be learning
- Small consistent gains over homeruns
- Buy the rumor, sell the news