One trading challenge I have been asked to demonstrate many times is starting with a smaller amount of money and then growing it by trading the markets. I wanted to share my story of how I grew my trade account when I originally started with a very small amount of money.

I give this person a boatload of credit for sharing their story with me. Ideally, this real life example can save some new traders who want to start trading the massive headaches and mess-ups that can occur when you approach the stock market in a way that contains no plan.

When you are a new trader to the markets, one of the most commonly asked questions is "how do I choose a broker?" This is completely understandable as there truly are numerous choices available when deciding who you want to trade with. There are some key questions you must ask yourself in order to help best determine what stock broker will fit your needs.

Guide to Choosing a Broker: http://claytrader.com/blog/best-online-stock-broker/

What separates poor people from successful people? Their attitude. Maybe that sounds too simplistic, but in all actuality, it's 100% the fact of the matter. If you want to be a successful trader of the markets, then you better have an outlook on life that breeds motivation.

Many times we

contradict ourselves without even knowing it. In most instances, this occurs

without realizing what is going on, but nonetheless, as traders it is something

we must be very aware of. According to this person, because I'm not telling

people where to buy and sell, I should not be teaching... huh?

If you are anything l was when I first got interested in the markets, you were confused on why "bulls" and "bears" had anything to do with the markets. You hear people bring up these terms, but you just are not quite sure how they relate and fit into the market. Let's get all that cleared up in this introductory video.

The first step to start trading is all mental. You need to set-up your expectations with what reality actually is. If you can start with this mindset of how to start to trade, you are putting yourself as a trader in a much more profitable place for long term success.

The tricky part about trading the markets is you can have a vast understanding of many of the dynamics; however, even with that, the greed voices can still cause you to do some very contradictory things. As you will see in this YouTube comment, a trader is saying many things that make sense, but when it comes to boiling down their strategy, there is still a glaring issue.

As far as online brokers are concerned, SureTrader is one of the most common trading brokers I get asked about. I give my honest review and opinion of SureTrader and why I believe they should not be used for any trader.

Links:

Forex Course - https://claytrader.com/courses/trading-forex-for-beginners/

Shorting Penny Stocks Is Stupid! Heres Why. - https://claytrader.com/videos/shorting-penny-stocks-is-stupid/

How To Short Penny Stocks - https://claytrader.com/videos/short-penny-stocks/

I've talked about this topic before, but thanks to a commenter on YouTube, I have another prime example of just how dangerous and risky taking the path of free education to learn how to trade can be.