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Getting Started
Hi Everyone, I am from Texas USA. I'm ready to get started. What should I do first?
4 likes • Jan '25
@Charles Antonini I am retired and looking to supplement my retirement income with trading. My background has equipped me with a well-rounded skill set and a passion for continuous learning and growth. I'm excited to bring this diverse experience to new challenges and opportunities." Answers to some of your questions: What are your financial goals? I'm looking for a combination of long-term wealth building and passive income. My goal is to create a diversified portfolio that grows over time while providing a steady stream of income. How much risk are you willing to take? I'm willing to take a moderate level of risk. I understand that investing involves potential losses, but I'm prepared to balance that with the potential for higher returns. I can afford to lose a portion of my capital, but I aim to manage risk carefully. Do you have an emergency fund or backup savings? Yes, I have an emergency fund that covers several months of living expenses. I ensure that I'm not trading with money needed for essentials. I only invest discretionary funds. Do you understand how stock markets and cryptocurrencies work? I have a solid understanding of basic concepts like market orders, bid-ask spreads, and candlestick charts. I can explain what cryptocurrency is and its purpose, as well as how blockchain, wallets, and exchanges operate. What is your knowledge of risk management strategies? I'm familiar with using stop-loss orders and position sizing to manage risk. I also have knowledge of how to pick the right stocks based on fundamental and technical analysis. How much time are you willing to dedicate to trading or investing? I'm willing to dedicate a moderate amount of time to trading and investing. I'm interested in swing trading and passive investing, so I can manage my investments without needing to constantly monitor the markets. What tools or platforms have you researched or plan to use? For stocks, I've researched and plan to use platforms like Webull and Schwab. For cryptocurrencies, I understand the differences between platforms like Coinbase, Kraken, and decentralized exchanges.
RF what do you think?
Hey friends, What do you think about Regions Financial $RF? It's been consolidating for a number of days can it run? or flop?
RF what do you think?
0 likes • Jan '25
Will we cover strategies?
1-2 of 2
Katherine Roberson
2
9points to level up
@katherine-roberson-4573
Very interested in the Crypto market.

Active 22h ago
Joined Jan 7, 2025
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