I have been without a job and my fiancée and I struggled to make ends meet. She started working longer hours, began DoorDashing and I felt hopefully with trying to help the two of us thrive instead of survive.
So I taught myself how to swing trade and how to use technical and fundamental analysis to make a living. I started out using Webull and the zero commissions really were a life saver. Use the link and get a free stock and then another free stock if and when you deposit $100.
https://act.webull.com/n/WNpe5GCm94da/vvn/
I read books by Martin Pring and several other authors and REALLY learned how to do things right. I would highly recommend reading Martin Pring's Technical Analysis Explained book. It is very thorough and does a great job with explaining things. How to Swing Trade by Brian Pezim is a great resource as well!
Once I got more into swing trading and investing, I moved my account to TD Ameritrade for more research tools.
Now we have finally been able to get out of the rut we were in and are doing well for ourselves. Not 100% where we'd like, but we are getting there. We both have hope and faith in one another's abilities.
That sounds amazing. Thank you for the book suggestions.
@Luke Would you say it is very difficult to learn? I may get those books. Thanks!
@Luke Would you say it is very difficult to learn? I may get those books. Thanks!
@Cathleen B. It can be overwhelming if you don't know what to look for as there are a lot of different indicators that can be used to trade. My recommendation is to get a TD Ameritrade account of some sort and looking up videos on "TTM_Squeeze." It's a very visual and easy to learn strategy.
I'd highly recommend staying away from options or anything like that until you get a good grasp on things.
Investopedia.com is an amazing free resource for things as well. I would suggest looking at MACD and RSI and understanding their relationship first. It's a simpler trading strategy that a lot of people use.
@Luke B Thanks so much for your thorough response. I'm going to check it out and see if it feels like a good fit for me. Thanks for the video info, visual learning is best for me.
Oh wow thanks for all this info I feel a little more confident
Cool tips! I might have to give it a try.
I looked into it but it was too complicated for my artists brain to want to follow:)
It is just a made up story and stupid paid referral link.
How is that a made up story?
Let us have a little hope would ya.
Geezus party pooper.
I just opened a savings account for the first time in 3 years
I read many books on Investing in Mutual Funds when I was in college, including one by Peter Lynch and invested in several funds, including Magellan Fund. They did very well. In a few years I had saved enough money for a 40% down-payment on my first condo.
Stock market has changed my life. Very important to make your money work for you. With various ways to make good money, I was surprised to see how easy investing actually is.
