When to start stock investing
How To Start Investing With $100 | Stock Market For Beginners
hey what's going on guys it's Ricky with
tech what solutions I hope that you guys
are all having a great Monday okay so
pretty much what I wanted to talk about
in this video is this concept that I've
been trying to introduce especially to
our members that are part of a long time
prophet and you guys know that I've had
a huge emphasis when it comes down to
paper trading and simulation trading
which means trading with fake money how
many of you guys and yes don't have to
like you know there's a couple people
that are tuning in live right now but
there's so many people that are so
unwilling to trade with fake money
because a lot of people say that there's
no emotions when it comes down like it's
completely not real it's too simulated
it's very hard for you to treat it as a
real form of trading i 100% understand
so there's this new kind of approach
that for those that are comfortable and
testing out again you 100% don't have to
it's just something that I wanted to
position and see if it would be
something that you would find to be
attractive I'm gonna talk about like you
know how to start trading with $100
first of all you know the $100 usually
can get eaten up by Commission depending
on what brokerage it is that you use so
obviously Robinhood or a non
commissionable brokerage would be the
ideal option on top of that if you do
have over like let's say three thousand
dollars you could use TD Ameritrade use
promo code 2:20 which allows you to have
five hundred free trades which means
that you don't have to worry about you
know paying Commission so that's one of
the number one things that I want to
make sure that you guys are aware if
you're outside of the US then try to see
I believe we bool if I'm not mistaken
offers an alternative for non
commissionable trading I'm not too sure
so be sure to look a little bit more
into that but one of the biggest things
is you know how important it is to have
some skin in the game so how many of you
guys have not started simulating
simulation trading or paper trading
because it's so unrealistic right and
with that being said I wanted to
position three reasons on why I think
starting with $100 or doing the 1 share
test buy can be something that could be
extremely effective there's people that
are trading with maybe a thousand
dollars maybe five thousand dollars and
are trading with a certain dollar amount
to actually try to make money and I'm
not saying that there's anything wrong
with that but when you try to take a
position especially
just getting started for the sole
purpose of making money
emotions can come into play there's
certain steps that you might skip in
like what a stock has to meet based on
criteria because you are so passionate
about why that stock you know have to
continue to go out and I've been to 100
percent so an approach that I wanted to
offer is if it makes sense to and you
would want to test it out is to simply
buy one share obviously with 100 dollars
or whatever it is that you have in your
account the 100 dollars is just an
example but if you have a hundred
dollars your name and obviously it would
be stocks worth less than a hundred
dollars so you could simply buy one
share but the whole purpose of buying
one share is to test them implement
everything that you learned so when you
buy one share of a stock so if I buy
let's say a stock that's worth $80 right
so let's say I'm trading if I'm not
mistaken Shopify's around so take your
simple shop is around that specific
price range so let's say that I buy shop
I buy one share am I really investing in
shop to make money no the whole point of
the $1 test share buy whatever it is
that you want to call it this whole
concept is to test everything that you
learn to practice what you're learning
on a day to day basis and because you
remove the monetary aspect so that
remove removes emotion you're not
invested in shop to really make money
you're invested in it took Roe you know
to sell it for more than what you bought
it for do you do yet how that's a little
bit different so usually when I take my
day trade positions an approach
especially for newer traders they're so
aggressive and just trying to make the
most amount of money which can sometimes
lead to greed can sometimes lead to over
trading which are a very common mistake
for newer traders so this will remove
the emotional aspect the monetary aspect
and solely allow you to focus on the
important parts of actually buying
something because it's a good deal to
sell it for a profit so if you could
master this concept of you know trading
when there's no emotions attached so
again that one share test by making sure
that because you're at least have some
real money invested in it or even went
that with that one share that you at
least have some skin in the game which
makes you become more involved with that
trade so again formulating your entire
plan where you're buying where you're
selling
why are you planning to cut your losses
and again because it's only one share
you're not going to be as like emotional
when it comes down to pending law
because you're not going to care if you
lose you know maybe a dollar or a couple
cents on that share that you just bought
does that make sense right and then the
last thing is practice what you learn on
the day to day basis again if my trading
strategy isn't something that you find
effective and you you know you find
something to be a little bit more
effective than based off what like what
you're seeing online then again being
able to test everything that you learn
on a day to day basis but with the sole
intention of not trying to like make it
or break it do you guys get what I mean
so because you're doing that one share
test buy so simply buying one share the
whole focus on that is to actually sell
it for more than what you bought it for
and not in the monetary aspect but in
the percentage growth aspect so if your
goal is to grow your account or grow
that those 100 dollars you know 3
percent then you're going to be that
much more selective and focusing on your
criteria that that stock has to me
because again you're not investing to
actually make money you're investing to
prove to yourself that you can grow to
your account and I and I know that this
might this video might be like
completely irrelevant to some people as
like I've seen some of the comments
right now a lot of people are are saying
that it's a great concept but I know
that there's going to be some of you
that are going to be like well what the
heck what does a hundred dollars have to
do with it or why even even just buy one
share I'm not going to make any money
with that again one of the biggest
mistakes right we we run the largest
YouTube channel for those who invest in
the stock market we run the largest
private free trading community called
technical solutions on the Facebook
platform and one of the biggest mistakes
that I see newer traders make is trying
to make it or break it trying to invest
for now not for the future and again the
biggest mistake is they always chase the
hype they always chase where everyone is
saying that all the monies being made
but after a longer period of time they
end up giving back all the profits that
they made and they end up being
discouraged to ever invest in the stock
market again and the whole purpose of
buying one share is to prove to yourself
that removing all emotions aside we're
moving the monetary aspect which is the
most emotional part I think for newer
traders you focus more on the technicals
you focus more on the criteria you focus
more on the actual growth in the pattern
it makes you focus more on what matters
and not what actually does it when
you're just getting started the best
example that I can give you is as an
individual are you the same person that
you were when you were five or ten years
old I'd give this example multiple times
and it's again as time goes on and you
become more opinionated based on your
own values and your own ethics you
refine yourself to a unique individual
who you are today right just like when
it comes up to trading a lot of mistakes
are going to be made when you're first
getting started just like when you're
growing up but one of the biggest things
is you don't want to discourage yourself
to ever not invest in the stock market
again and that's one of the things that
I see too many people do so I think this
one one like the test one share buy
right that you simply buy one share to
test what it is that you are learning
can be something very effective again
this means that it could be a ten dollar
stock this means that it can be a fifty
dollar stock it's so accessible even
with simulation and paper trading you
know that that's still my number one
approach but so many people are so
turned off by not treating with real
money that they just don't want to
consider that an option and I get that
so this is another option for those that
see value in it and that's simply just
it
I think practicing everything that you
learn prove it to yourself that you can
grow your account prove it to yourself
that with structure with discipline and
with patience that you can actually grow
your account that's what's most
important
right it doesn't matter how much money
you're making right now it matters if
you can continue to make this years down
the road and that's if you focus on
quality and structure and discipline so
that's really just it
I mean that's as simple as this video is
going to to get so I really hope that
this concept is something that you guys
can start to implement for for any of
you that are interested in implementing
this and think that this could be a
successful approach that can you know
guide you in the right direction
all I want you to do is if you can
direct message me with in tech book
solutions which is our free trading
community within the discord group or if
you're part of learn plant profit if
you've been struggling and growing your
account and you want to give this a shot
right you don't want to go back to paper
sharing but you want to give this a shot
I want to help you plan out your trade
you're part of technical solutions
direct message me if you're part of
learn time profit direct message me my
goal for tomorrow and then the days that
follow are slowly going to be helping
those that really want to to
get the ball rolling right forget about
trying to maximize profit it's
consistency that matters that's what led
to my week last week of almost $5,000
profit just with you know mainly just
day trading again focus you know quality
and understanding what you're doing I'm
really looking forward to you know being
a part of your success again if you guys
want to stay connected all the links are
down below you guys don't have to join
any of our communities tech but
illusions is a third link in the
description it's free and then learn
time profit you get to watch me trade
live every morning and you work with me
a little bit on a closer basis that's
that first link in the description so
all together I wish you guys an amazing
and profitable Monday we'll see all
those that are part of learning plan
profit at market opened tomorrow and
then you guys should be seen my recap
video shortly after that on YouTube so
again thank you guys again for
everything that you guys do hope you
guys have an amazing with your Monday
like always let's make sure that we in
the year
I don't green outs right do you see that
there's a couple questions all you have
to do is direct message me on discord
I'm not answering any questions as of
right now just because I'm kind of in a
rush but hope you guys understand wish
you guys amazing money like always let's
make sure that we in the year I don't
agree now take it easy team
