He has kids that he's need to feed right now, breh can't afford to lose
Yes. I understand it. That's the sad part. 95% of people can't get out of that rat race. but no one should stop anyone from learning.
If he’s got the time to learn, here’s what I’d recommend:
- Learn the basics — There’s tons of free content on YouTube. Study in your free time and start understanding how the market works.
- Paper trade first — Don’t touch real money until you’ve been consistently profitable with paper trading for a couple of weeks.
- When going live, keep risk small — Only risk $50 per day. For example, if he buys 2 contracts at $100 each for a power hour reversal, and it drops to $150 total, he should cut it there. Wrong call? Move on. Don’t hold and eat the full $200 loss.
New traders should never go in big. That’s how accounts get blown up. Take it slow, learn the terms, understand the basics. I know a top trader who paper traded for like a year.
Think of this like a 7th grade basketball camp — you shouldn’t sign up if you are dribbling like a 7 year old girl.