Stories of successful stock traders

Stories of successful stock traders

Posted: misha* On: 28.06.2017

My name is Craig Ferguson, the owner of this website.

stories of successful stock traders

On this page, I am going to tell you my story about how buying a few shares of stock online turned into an obsession! I was scrolling through the channels on TV when I came across CNBC. I knew that CNBC was a financial channel that talked about the stock market, but I had never really watched it before. All of it sounded so complicated. They were talking about company sales, earnings, p-e ratios, and looking at funny looking graphs.

It was all just gibberish to me! But, they just happened to be talking about Home Depot.

I LOVED Home Depot. It was one of my favorite stores!

stories of successful stock traders

So I listened and found out that the price of a share of stock in this company was really cheap. So then I thought, "Wow, I could buy some of that stock and own a part of my favorite store! I went online and found out that I could actually buy some stock through an online brokerage firm. I wouldn't have to go to a brokerage company down the street. Instead, I could just do it all on the internet. So that's what I did. I opened up a brokerage account and bought some shares of Home Depot. That was too easy!

So easy in fact, that I started buying shares in all kinds of companies.

This was so much fun. I did it all right from my computer! I had no idea what I was doing! I didn't know anything about the stock market, and I had never even looked at a stock chart before! But here is the funniest part We were in a bear market! At the time I didn't even know what a bear market was. I also didn't know that the bear market was only a couple of months away from ending and a new bull market was about to start! By sheer luck I had managed to load up on stocks right before a new bull market was about to begin!

This was like free money! Why hadn't I started doing this sooner? I was going to be a millionaire! Ever hear of the saying, "Never confuse brains with a bull market. The market went stories of successful stock traders a correction and I how does etf issuer make money up losing all of the money that I had made!

How could this happen? I was "making so much money". What was going on? I had so many questions and I needed can you buy partial shares of a mutual fund. I started buying books on the stock market, going to websites, and asking questions in forums.

I was going to figure this stock market thing out if it killed me! I spent just about every waking moment trying to figure out how the stories of successful stock traders market worked and how I could start making money again. I learned mostly about the fundamentals of a company first sales, earnings, etc.

I quickly found out that most of this was a lie. I simply could not trust what the companies were saying about their financial information. It took so much time to sift through all the data and I didn't have access to the information that the "smart money" had access to.

Then, I saw a stock chart. What a turning point! Instead of trying to figure out which companies were good, and which were not, all I had to do was "follow the money". Since I couldn't compete with those that actually moved the market, I instead decided to just follow them. That is where technical analysis came in the picture.

It took me a long time to learn the dynamics nymex trading gasoline futures prices supply and demand and how to interpret this on a stock chart.

I went to many websites to see if someone would teach me stocks or bonds in a recession to trade stocks.

Year-Old Actress Turns Into Stock Day Trader

I found many people anxious to help me - if I paid them thousands of dollars up front! If they figured it out, then I could figure it out I told you I was persistent! Some folks were willing to give advice on technical analysis and trading stocks, but I soon discovered that most of them really didn't know much more than I did!

And most of them were not willing to give away their "secrets". Then I said to myself, "As soon as I learn how to trade I'm going to teach other people how to do it so that they do not have to go through all of the time and frustration that I had to go through After years of studying, losing lots of money, and many sleepless nights, I finally found the keys that unlocked the doors to consistent profits in the stock market.

The road to becoming a profitable trader was an emotional roller coaster ride! You see, I would make a lot of money but then lose it as fast as I had made it! It was consistency that I was lacking.

After I got that part figured out HINT: It's all about money managementit was smooth sailing. Anyone can make money trading stocks, but it's making money consistently that is the most difficult part of learning how to trade stocks.

I found an unbeatable website company and created this site to help new traders learn about technical analysis and how to trade stocks. I finally figured out how to become a profitable swing trader.

Now, if I can just figure out how to grow some more hair on my head This is one of the best swing trading courses available.

stories of successful stock traders

Swing Trader Guide - This is a home study course that teaches you how to trade stocks from full-time swing trader Kevin Brown. Looking for the best stocks to trade? Here is a list of the best scanning and charting services available today. Click a button and this software program tells you what stocks have historically been winning trades during the current month.

It also tells you exactly what day to buy and what day to sell to make a profit. Get key events for the day, technical setups and resistance levels, sector analysis and top stocks delivered to your inbox daily. Read some articles that other traders from around the world have written. Then submit your own trading ideas!

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Success Rates of Traders

Home Start here Beginners: Learn The Basics Intermediate: Know exactly when to get in and out of any stock with this trading system. How I Got Started in the Stock Market. Learn to Trade Trading Courses Trading Master Plan: Featured Article How to Scan For Stocks Looking for the best stocks to trade? See my list of the top technical analysis books that I think every trader should own.

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