LiveTraders Expert Tips: How To Get Started In Trading Stocks

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Day trading is not some get rich quick scheme or an erratic form of gambling, it is a proper business that takes times, effort, discipline and patience to learn, just like most other professions. What many people don’t realize is that big banks also ‘day trade,’ yet no one is calling them gamblers.

THE FALACY OF BLUE CHIPS

Blue Chips are large companies with solid reputations. Financially fit, with dependable earnings and even dividends. Let’s take a look at a few ‘Blue Chip’ stocks using the buy and hold methodology. These are considered to be ‘good,’ ‘solid’ investments for long term holds. You know, the kinds of stocks that can weather any storm. The kind of companies that you couldn’t possibly go wrong if you owned them. They are intertwined into the very fabric of the American culture, managed by some of the brightest minds in the industry. Disney, Walmart, Visa, Intel etc. Let’s take a look at a few.

blue chip stock chart

If you guessed the above chart was General Electric (GE), then you are correct. Founded in 1892 and a market cap of over $260 billion dollars. If you bought GE at just about anytime between 2000 and 2007, you are still NEGATIVE on your investment. That is roughly 15-16 years of being ‘underwater’ on a long term blue chip investment. As you can see, buy and hold is not always a great idea. In case you think I cherry picked the ‘only’ one, here are a couple more:

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Livetraders.com is a collaboration of professional traders: Anmol Singh and Jared Wesley who not only have a vast amount of market knowledge and experience, but also a hunger to help other aspiring traders become great. Here at Livetraders.com we wanted to be different. We wanted to show folks what REAL trading looks like. We offer various strategies and techniques that will suit the majority of aspiring traders. We educate on intra-day trading, swing trading, core trading and even options trading as well. Despite the challenges and the hard work that lies ahead for any new trader, there are also handsome rewards for people who are patient, disciplined and work very hard. These rewards are not just financial, but also with regard to freedom and flexibility with your time and lifestyle. Trading can be done from anywhere there is an internet connection, which makes this a truly special and unique business. Here at Livetraders.com we know all about the flexibility of this wonderful industry, because Jared and Anmol frequently trader from around the world in such places as Japan, Dubai, India, Canada, California, New York, and the Bahamas to name a few. Our goal at Livetraders.com was to build a trading community, of traders, for traders and of course by traders. Most of our clients come through word of mouth, which says alot! We pride ourselves in being upfront and honest with our traders, whether that means a $1,000 winning day or a $1,000 losing day. We want them to see how trades are executed and how to handle the many different scenarios that the stock market can throw at you. It is to this end that Jared and Anmol created Livetraders.com. We have gone through the myriad of pitfalls that this business inevitably dishes out to everyone and we survived through hard work, dedication and passion to success. We were able to do this for 3 main reasons: Dedication, Education and Persistence. So, if you are looking for a place that is open and honest about how to become a successful trader, then look no further than Livetraders.com. Jared and Anmol are here to help you achieve your dreams of becoming the best trader you can be. We've spent a long time mastering our craft, and now we have a platform to help others by showing them what successful, profitable trading looks like.