Before we begin…we just want to forewarn you. You might not like what you’re about to hear! Trading is hard and over 90% of traders will fail. That’s just a statistical fact.
We are not ashamed to tell you this truth. If hearing this reality helps you to determine that trading might not be a good fit for you then we’ve accomplished part of our mission. We aren’t trying to discourage you. We want to teach you how to get started in the stock market the proper way.
The Bullish Bears team is all about telling it like it is. We aren’t a bunch of sugar-coaters. We’re all about helping you, and not taking your money. We’d rather you protect your brokerage account than blow it up if trading isn’t right for you. There are a lot of other trading service companies that would love to take your money. We are about putting you first over the money.
If you want to become a successful trader then it’s going to take hard work, pure and simple. It’s going to take blood, sweat, and tears. There’s absolutely no short cut to success as a trader.
You’re potentially going to need to study many of hours of videos and charts before trading starts to make sense. And, even then you’re potentially going to need to make at least a couple hundred practice trades to help you overcome the emotions of trading. Even after doing all of this, the odds of being a successful trader are still stacked against you.
If this sounds exhausting, then maybe stock market trading isn’t for you, and that’s okay. Investing long term is a smart, and easy way to set yourself up for financial freedom too. Financial advisers are plentiful and an irreplaceable profession. Not everyone wants to learn this stuff or will get it. Just keeping it real.
If you’ve looked around at other stock trading companies or follow some of the entertaining guru’s out there then you’ve probably seen some enticing things. Maybe you’ve seen them in front of fancy jets, expensive cars? Sitting in front of stacks of cash, with half naked models hanging all over them?
These companies are selling you a false lifestyle. A pipe dream. They aren’t selling you the reality of the process of becoming a successful trader. Real trading isn't that glamorous, and focusing on the lifestyle rather than the profession is going to cause you to come up short.
Yes, you can achieve wealth and a comfortable standard of living...only after you bust your butt and put in the effort as a trader.
You won’t ever see Tim, Dan, or Lucien promoting these things within the Bullish Bears community. We aren’t judging by any means. We respect many of these other traders and companies. It’s just not our style.
If you want to succeed as a trader and want to join our community then get ready to come to work every single day. Get ready to put in the blood, sweat, and tears.
We’ve laid out some simple steps on how to become a profitable trader. Respect the process. Again, trading is hard and you have to be willing to do whatever it takes to succeed. Only the strong minded, determined person will survive.
We’re not about hearing any excuses. Put in the time and study and go through the steps. There is no elevator to success. You have to take the stairs.
Again, we’re about helping you, and not hurting you. Do we like money? Absolutely! However, we don’t want money at the expense of others misfortunes.
If you’re new to trading, then don’t expect to make money for at least a few months. There’s a huge learning curve, and if you expect to make money right off the bat then you've found the perfect way to blow up your brokerage account. Be realistic!
It’s important to treat trading like a business or an advanced level of education. There are costs that are associated with becoming a profitable business. There are tools that you’re going to need just like you would in any business. And, you’re going to need to invest in your education before you’re ever going to make money. However, do not purchase any tools until you can afford them. We don’t want you wasting any money.
Invest in yourself first, be patient, put in the hard work, and then the money will come down the road.
So, now that we’ve spelled it out for you…are you ready to Get Started?
1) TAKE OUR FREE COURSES
If you haven't taken any of our free stock market courses yet, then that's where we suggest that you start first. Currently registered either as a free or paid member? Then, log in to your account using the login link above. Just hover over the course of your choosing and you'll be good to go. Make sure to click each tab and work from top to bottom completing the courses. Keep a notepad by your side and take notes. Our courses are very helpful if you're looking to learn stock trading.
If you're new to the stock market then we'd recommend taking our basic stock course first. Know the basics already? Then, we'd suggest taking either our day trading, options, or swing trading course. If you have a firm grasp on the basics and have taken either our day trading, options, or swing trading course, then we'd recommend taking both of our candlesticks courses, while reading along in our candlesticks e-book. Once you have completed these courses and are ready for more - we have "next level training" waiting for you.
Register for our free courses here if you haven't already. (also receive our candlesticks e-book)
2) JOIN OUR FACEBOOK COMMUNITY
We want to surround you with great support right from the start. Our massive Facebook trading community is a great resource for you to ask questions, share ideas, and feel comfortable doing it.
Our community is filled with traders from all different backgrounds that are willing to help other members pretty much 24 hours a day. Tim, Dan, Lucien, and our admins do their absolute best to keep all spam and negative comments out of our group. So, come and join us and feel free to ask questions, and participate, or just read and learn.
Join our stock market community!
3) SUBSCRIBE TO OUR YOUTUBE
The Bullish Bears YouTube channel is jam packed with massive amounts of content that will help you to become a profitable trader. We are constantly updating our channel on a variety of trading topics. It’s a huge hub of valuable trading content.
Subscribe to our YouTube channel and stay up to date with our latest content.
4) SUBSCRIBE TO OUR BLOG
We update our blog consistently with free trading content that will help further our members growth. Just like our YouTube channel, we put a lot of emphasis on breaking down the many different topics of trading, in a simplified format, that’s easy to understand. You'll get an email when we post new content.
Subscribe to Our Blog.
5) OPEN A BROKERAGE ACCOUNT
Choosing the right broker will be essential to your trading success if you're looking for how to get started in the stock market the proper way. Each broker has its benefits depending on what type of trader that you are. Regardless of whatever broker that you choose, it’s important to open an account with a broker that has a good virtual trading platform.
If you’re going to be day trading then Interactive Brokers is a good broker to use, they are cost effective, have very clean order entry, fast trade executions, excellent short selling availability and a plethora of tools.
ThinkorSwim has its limitations for day trading but they have the best charting platform, customer support, and are good overall for swing trading and options trading.
So, its all about your preference because both are good brokers to use.
6) READING IS ESSENTIAL
Reading is also essential to your growth as a trader. Having the proper mindset, learning about the technical analysis of stocks, and the successes and pitfalls of trading will be critical to your success as a trader.
Read our list of recommended stock market books and pick them up as your budget allows.
These books are some of the most popular on learning technical analysis as well as the psychology of trading. Both are essential to a traders success, especially when looking for how to get started in the stock market.
7) VIRTUAL ACCOUNT
It’s important to never trade live with real money until you’ve made at least a couple hundred trades in a virtual account first, with a 60-65% profitable win ratio. Make sure to track your trades in a spreadsheet.
Once you’ve achieved this, then you want start trading with real money, while starting off with small positions, and then slowly increasing your position sizes over time, depending on your account size and risk profile. Always treat your virtual account exactly how you’d trade with real money. Use the exact position size, and stops that you’d use with real money, otherwise you’ll be setting yourself up for potential failure when trading with real money.
Our trade rooms and watching our live daily streams will be helpful resources to be able to put into action what you've learned in our courses and e-book. They are a great place to help you learn how to get started in the stock market.
(The following 2 sections are for paid Deluxe Members only!) Upgrade Your Membership Here!
Excellent resource for trading insight. Thanks to the owners and operators of Bullish Bears.Jeff H.