Tips for young traders in their 20s and 30s #219

Now that I am approaching 40, I asked myself what I would tell my 20 year old self that wanted to get into trading. 

In this podcast, I share my thoughts and provide some practical tips for young traders.

 

Timestamps from the episode:

0:00 Start

0:22 You have time

1:46 Play the long game

4:06 Realistic expectations

5:50 Are you a day trader or a swing trader

8:07 Good habits, backtesting, journaling

10:09 Demo trading

11:15 Position size

12:58 Get an education

15:04 You can have a part-time job

16:45 It takes money to make money

17:45 Admit when trading is not for you

 

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