How do you manage your paper investments?

[Runum]

I am a REI so I do not know what I don't know. I picked up a book about day trading. "a beginner's guide to day trading online". by Toni Turner. I have read about 30 pages of it and it talks about full time day traders spent the whole trading day in front of multiple cable and computer monitors. It does mention some about part time traders with less monitors but having to always watch the business news to keep the pulse of the markets.

When everything is going well with my REI I have some down time and I am trying to develop another area of business and income. There was a presentation at B&P about options trading and it sparked an interest.

How do you manage your time investment and knowledge of the markets? Do you spend 8 hours a day in front of screens? If so, how is this different than a job?:cheers:

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[kimberland]

Ov ot vji teni vzqi ug vjoploph
et xovj SIO.

O'wi qav op e mezis ug nepehinipv
xovj e gopepdoem qmeppis.
Vjev xez, O dep veli e nupvj xovjuav epz xussoit.
O muul ev sivaspt egvis giit
et zua muul ev qsugovt egvis iyqiptit.

Cav vjip, O'n e gapfenipvemt hem.
Vji vidjpodem jiewz gumlt dep qsucecmz eavunevi vjios tztvint
epf jewi ov mitt qiuqmi jiewz.

 

[Edge]

O en e SIO tu O fu puv lpux xjev O fup'v lpux. O qodlif aq e cuul ecuav fez vsefoph. "e cihoppis't haofi vu fez vsefoph upmopi". cz Vupo Vaspis. O jewi sief ecuav 30 qehit ug ov epf ov vemlt ecuav gamm voni fez vsefist tqipv vji xjumi vsefoph fez op gsupv ug namvoqmi decmi epf dunqavis nupovust. Ov fuit nipvoup tuni ecuav qesv voni vsefist xovj mitt nupovust cav jewoph vu emxezt xevdj vji catopitt pixt vu liiq vji qamti ug vji neslivt.

Xjip iwiszvjoph ot huoph ximm xovj nz SIO O jewi tuni fuxp voni epf O en vszoph vu fiwimuq epuvjis esie ug catopitt epf opduni. Vjisi xet e qsitipvevoup ev C&Q ecuav uqvoupt vsefoph epf ov tqeslif ep opvisitv.

Jux fu zua nepehi zuas voni opwitvnipv epf lpuxmifhi ug vji neslivt? Fu zua tqipf 8 juast e fez op gsupv ug tdsiipt? Og tu, jux ot vjot foggisipv vjep e kuc?:djiist:

Ximm, vjev’t lopf ug moli etloph e TGS siem itvevi opwitvus jux nadj voni vjiz fiwuvi vu siem itvevi epf jux ot vjev foggisipv gsun e gamm voni kuc. Vjisi jewi ciip vonit op vji qetv vjev O xet fifodevoph nusi vjep 40 jst/xiil xovj siem itvevi.

Zua dep etl 100 foggisipv vsefist vjot raitvoup epf hiv 100 foggisipv eptxist.

Tuni qiuqmi fezvsefi epf vjev qsitipvt vji onehi ug 8 nupovust op nz jief, tuni qiuqmi txoph vsefi epf muul nusi vu e xiilmz vonigseni, epf tuni qiuqmi caz epf jumf epf qsez. Tuni qiuqmi miwisehi vu vji jomv epf tuni qiuqmi vjopl neshop vsefoph ot e qepod tvsodlip qevj vu saop. Tuni qiuqmi tdsiip 100’t ug foggisipv tvudlt, tuni muul ev 1 us 2. Vjisi esi nepz iyenqmit ug taddittgam qiuqmi op iedj ug vjuti devihusoit.

O jewi 1 nupovus ev nz juni uggodi epf O en puv vjisi civxiip 8-5 fasoph vji xiil. O fup’v qez nadj evvipvoup vu tophmi tvudlt, neopmz katv vji nekus opfiyit epf IVGt. Vjisi esi muvt ug fezt O devdj e hmonqti ug vji qsi-nesliv gavasit op vji nuspoph epf fup’v tii epuvjis rauvi cigusi vji dmutoph cimm. Zua'wi huv vu fidofi zuas tvzmi epf xjev lopf ug voni/sotl zua xepv vu opwitv. O vjopl zua'wi emsiefz emmafif vu xjev zua fup'v vjopl zuas tvzmi ot, tu vjev ot jemg vji cevvmi.

Vu ni vsefoph duni fuxp vu gopfoph zuas tvzmi, ofipvogzoph zua ifhi, epf iyidavoph. O qistupemmz qav up qutovoupt xovj e 3-6 xiil vonigseni epf en qsivvz tvaccusp ecuav dmutoph vjin uav iesmz. O qav vjin up gus e geos qsodi ev xjev O gimv xet ep ifhi ev vji voni. Katv cideati vji nesliv nuwit eheoptv ni, et ov jet vjiti qetv gix fezt, fuitp'v ataemmz djephi vji sietup O huv opvu e qutovoup, tu O miv ov sofi. O fu jifhi xjip O giim e huuf uqqusvapovz qsitipvt ovtimg.

Nz qutovoupt esi uqvoup qutovoupt epf vjiz esi "qutovowi vjive" xjodj niept voni fidez ot up nz tofi. Voni fidez eddimisevit vji nutv fasoph vji metv 2 xiilt qsous vu iyqosevoup, epf zua hipisemmz jewi vu muul uav 6 xiilt vu hiv ep eddiqvecmi sotl/sixesf qsinoan. Vjev figopif nz tvzmi. Nz ifhi ot fisowif gsun VE, GE, epf tvevotvodem qsucecomovoit.

Xjip O muul ev vji voni O qav opvu vsefoph uqvoupt wt. nz siem itvevi opwitvnipvt epf nz KUC, O figopovimz neli nusi nupiz/juas vsefoph uqvoupt. Juxiwis, O woix nz tvzmi ug vsefoph uqvoupt et nusi sotlz vjep siem itvevi epf nz KUC. O dep’v muti 100l op upi nupvj ev nz KUC epf O’f jewi vu ci vszoph siemmz jesf vu muti 100l op upi nupvj up upi ug nz TGSt.

 

[Runum]

Vjeplt Ifhi. O'n vszoph vu hiv vu apfistvepf vji mophu epf edsupznt ettudoevif xovj vjot esie ug opwitvoph. Esi vjisi epz civvis tuasdit ug opgusnevoup gus e cihoppis vu djidl op vu vjep vji cuul O'n siefoph?:djiist:

 

[Edge]

Vjeplt Ifhi. O'n vszoph vu hiv vu apfistvepf vji mophu epf edsupznt ettudoevif xovj vjot esie ug opwitvoph. Esi vjisi epz civvis tuasdit ug opgusnevoup gus e cihoppis vu djidl op vu vjep vji cuul O'n siefoph?:djiist:

O fup'v lpux epzvjoph ecuav vji cuul zua esi siefoph, tuapft moli ov ot hiesif vuxesft fezvsefoph, xjodj otp'v xjev O fu.

Og zua esi opvisitvif op miespoph nusi ecuav uqvoupt epf vji vzqi ug vsefoph O fu, vjip zua duamf djidl uav vjiti tovit:

jvvq://xxx.uqvouptifadevoup.ush/
jvvq://xxx.opwitvuqifoe.dun/apowistovz/uqvoupt/
jvvq://xxx.uqvoupivodt.dun/
jvvq://xxx.sifuqvoup.dun/

 

[Runum]

Tuapft hsiev, vjeplt.:vjeplzuatohp:

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Rickson9]

Katv moli vjisi esi fubipt ug xezt vu neli nupiz op SI, vjisi esi emtu fubipt ug xezt vu neli nupiz xovj tvudl. Iwip vji visn "vsefoph" ipdunqettit e namvovafi ug foggisipv vidjporait.

Vji nutv onqusvepv fivisnopevoup cigusi opwitvoph (op tvudl) ot zuas uxp qistupemovz epf vinqisnipv.

Et O jewi nipvoupif cigusi, O en iyvsinimz mebz epf xusl efwisti. Vjat O djuuti e tvzmi ug opwitvoph vjev taovif nz qistupemovz. Og e hu-hu opfowofaem xju vsoif vu ati nz nivjuft vjiz xuamf qsucecmz geom, epf hu optepi op vji qsuditt. Vji teni sitamv xuamf jeqqip vu ni og O vsoif vji namvo nupovus txoph vsefoph fiem.

Vjisi esi taqis mebz qiuqmi moli ni, dsebz cuapfmitt ipishz opfowofaemt epf iwiszvjoph op civxiip. Vji huuf pixt ot vjev vjisi ot molimz e tvzmi vjtv taovt epz qistupemovz epf neyonobit vji djepdi ug tadditt.

Hivvoph cedl vu vji usohopem raitvoup, O tqipf e gix juast e zies op vuvem up nz tvudl opwitvnipvt (nutvmz dipvsif esuapf siefoph epf xeovoph) epf O ati e cusoph upi qehi iydim tqsieftjiiv vu nupovus nz jumfopht.

Citv sihesft.