I’m very very new to this stock market madness and I was told to be a momentum stock trader. Now, if you don’t need a broker then how do you do it yourself? Is there a “button” to buy stocks? Who do I have to go through? If you can give me a website that shows me the fundamentals of momentum stock trading that would be awesome.

Hmmm …. “market madness.” Now there is a term to consider. I wonder what the writer means. Oh, I think I know. He must be referring to the state of mind of those who enter the trading world with pie-filled eyes and burnable cash. My friend, are your eyes filled with pie, and do you have cash to burn?

Hmmm … “Now, if you don’t need a broker, how do you do it yourself?” Now there is a question to consider. I wonder from where does this question spring? Oh, I think I know. He must be thinking brokers are going the way of the unicorn. My friend, do you think brokers are fading into mist, such as the sorcerers in the days of King Arthur?

Hmmm … “Is there a ‘button’ to buy stocks?” Now there is a question to consider. I wonder how the writer sees the act of trading. Oh, I think I know. He must think trading is as easy as pushing a button.  My friend, has someone told you trading is an easy path to sure money?

Hmmm … “… a website that shows me …” Now there is a thought to latch onto and hold. I wonder if the questioner truly understands the importance of his question. Oh, I think I know. He does not, so I will help …

Before you commit one dime to trading, get some real education about the world trading. Before you commit one dollar to trading, learn about online brokerages, trading platforms, and the wide variety of trading strategies. In fact, before you do anything, sit down, take a deep breath, and ask yourself why you used the phrase “market madness.” Now there is a question to consider.  

Trade in the day; invest in your life …

Trader Ed