DislikedThat's the least of your worries.Nothing scary about stop-hunters. That's how the market works. Banks run stops to create liquidity.Ignored
I read about brokers being stop-hunters so that they can kick you out of your trades.
Disliked"If I ever become successful trading and if I acquire appropriate skills, I would help form a non-profit brokerage."
This is bargaining with the Lord/Karma/Whatever Higher Power You Happen To Believe In. This higher power has been around the block a few times and can see through the bargaining. It won't work.
We're more likely to get rewarded for what we do (study, learn, practice, etc.) rather than for what we promise we'll do if the reward is given in advance. There are no shortcuts; not even by promising to be a better person.Ignored
DislikedCanon fodder = added liquidity lol on a more serious note you state that you have 6 months saved up for living expenses but you did not state how much you plan to open an account withIgnored
DislikedAlso, I hate to say this, but you need to hear it -- if you really think you're going to need a few months to "know this game inside and out", you're seriously mistaken. If it were that easy, everyone would be a trader.
...Ignored
Anyway, I am going to back to work part-time and have decided to trade part-time only for now.
Can somebody help me decide the next step after finishing my book studies?
I read somewhere that one should do paper trading with a charts software with historical date before demo-trading. Would that be a good idea?