I'm New - 15 Years Old -

1) Being 15 and wanting to get into the market? Great!!!

2) wanting to get into microcaps? Stupid!

Start reading the education section here, lots of vid and very informative threads which answer all of your questions.

Microcaps are fun, but they will separate you from your money faster than the latest pokemon game.

Learn about the big stuff first, then move to microcaps later on, not the other way around.

Quote:

Originally Posted by DanDasilva 

Everywhere that I read was telling me to do MC firs so I van make a bigger profit from my money.

Why do you say no?

Microcap stocks are highly volatile, meaning they go up and down very fast.

Young guys like you only hear the "go up fast" part and ignore the "go down" part. The best way to figure this out is to try it.

If you look at the most successful traders here, they all trade the futures, options and large caps.

Penny stocks are for a gambling.

If you want to gamble a bit and try make a quick buck, go for it. The worst case scenario is you lose your money.

If you want to learn how to invest for the long term, get into the big stuff early on in your investing career.

Dude, check the education section, its just one click away.. all your questions have already been answered there.

Check out the videos, its all there http://www.hotstockmarket.com/forum/list/60/stockjock-e-s-educational-videos

Its a long learning curve, you will not be committing real money into this for at least 6 months. Take your time.

I have not seen a system that can make you 10k a day unless you have a million dollar account, which most of us don't.
 

Quote:

Originally Posted by DanDasilva 



Is it possible to make 10k per day on the stock market?

 

I have not seen a system that can make you 10k a day unless you have a million dollar account, which most of us don't.
 

Most people would be VERY happy with an average of $200/day. 

Are you smoking weed? 

Quote:

Originally Posted by DanDasilva 



Is it possible to make 10k per day on the stock market?

 

^what they said!

You need to be a realist. Dreaming big only gives you big dreams. 

Working at it and studying (thinking) everyday will get you what you want. 

Trading is as much psychological as it is technical/fundamental. 

Focus on points per day, week and month rather than money.