LiveTraders Expert Tips: How To Get Started In Trading Stocks

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Anyone remember the financial crisis back in 2008? The markets were crashing, losing more than 50% at one point, and while people were cursing the ‘crooks’ on Wall Street, they were dumping their portfolios for huge losses and vowing to never again invest in the markets. The markets bottomed out in March of 2009 and have been higher for 8 consecutive years now. This is what happens when you let EMOTION rule your investments or your trades. The reason it is such a huge problem is that the average investor has no plan. Buy, hold and hope. This is a very difficult way to approach the stock market.

Citibank stock chart

I think the chart above clearly reflects that having no STOP LOSS or EXIT STRATEGY is a very BAD IDEA. This is why traders are often times far more prepared for negative situations than average investors.

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So, when we look at the main difference between investors and traders, the one thing that continually arises is the lack of a plan for long term investors, whereas every professional trader has a trading plan. It’s the ONLY way to make money in this business. A good trader knows his entry, protective stop loss and target BEFORE he enters any trade. Thus, why are traders referred to as gamblers, and investors considered to be smarter? It’s a simple lack of understanding about the trading business. That’s it.

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Live Traders
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.