Saturday, December 10, 2011

Sketchy Beginnings

Okay, first I would like to say that I have absolutely no stock trading experience. Though I will admit that I have been eager to try out trading for a long time, and so I have some amount of education in the matter. Plus, any time I don't know something, I go out and learn it, because knowledge is the only power that really matters in this world, the rest is just experiences to be enjoyed.

So, with my utterly horrible lack of experience, I have decided to venture into the world of Options Trading, which frankly, is the only type of trading I can afford to get into. I love a good gamble, but I am certainly not going to put up any large amounts, because I don't have it. I'm a writer, and it just hasn't paid off yet, so until then, the low double digits are as far as I will go.

Now, the only other thing that has held me back from getting into trading before, was the lack of knowing which stocks I wanted to trade. A lesson I learned early on, is that you need to pick a stock and take the time to observe it, to know it's behaviors before getting involved with it. Which always left me in a bare spot, because most of the stocks were in companies that I either knew nothing about, or didn't want to have anything to do with.

So when I learned a year ago that some cannabis businesses managed to sneak onto the stock exchange, I started keeping track of them. Not only for future investments, but because I love seeing the culture of cannabis sneaking into every part of our society. It's an amazing time to be a part of the Green Rush.

So now that I have a small bit of cash that I can spare, and there are online trading platforms that allow Binary Options, and I know which stocks I want to trade with, I am going to dive into the chaotic world of trading, and see how I do.

As I go through the ups and downs of this all, I will blog about my experiences. Feel free to follow me and learn from my mistakes and triumphs. Hopefully things will go well!

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