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Trading stocks isn't as difficult as you might think
Here are 3 tips to help you make great trades
" Trading Tips Pt. 1"
- A THREAD -
Here are 3 tips to help you make great trades
" Trading Tips Pt. 1"
- A THREAD -
1.
- Buy Expensive -
New traders will look to buy "cheap" stocks
This is because they think they can make more money buying more shares
Rather than thinking about potential losses
They only think about the potential profit
This is a surefire way to lose money...
- Buy Expensive -
New traders will look to buy "cheap" stocks
This is because they think they can make more money buying more shares
Rather than thinking about potential losses
They only think about the potential profit
This is a surefire way to lose money...
2.
Ever heard of the saying
"Buy once, cry once"
Buying pricier stocks may seem "expensive"
But it is worthwhile
Just look at "expensive" stocks like Apple
This "expensive" stock has risen 137% since its March lows a few months ago
Expensive stocks tend to appreciate...
Ever heard of the saying
"Buy once, cry once"
Buying pricier stocks may seem "expensive"
But it is worthwhile
Just look at "expensive" stocks like Apple
This "expensive" stock has risen 137% since its March lows a few months ago
Expensive stocks tend to appreciate...
3.
- Leave Your Emotions At Home -
Emotions have no place when trading
They'll only cause you grief
Here are some ways I manage my emotions
- Journaling
- Meditation
- Breathing exercises
- Walk away from the screen
Be a robot when trading...
- Leave Your Emotions At Home -
Emotions have no place when trading
They'll only cause you grief
Here are some ways I manage my emotions
- Journaling
- Meditation
- Breathing exercises
- Walk away from the screen
Be a robot when trading...
4.
- Know Your Stage -
Most people tend to buy stocks as they're in a topping/declining phase
This is due to FOMO (fear of missing out)
They missed the big move up and are now trying to recoup those potential profits they *should've* made...
- Know Your Stage -
Most people tend to buy stocks as they're in a topping/declining phase
This is due to FOMO (fear of missing out)
They missed the big move up and are now trying to recoup those potential profits they *should've* made...
5.
Ideally you want to buy stocks that are going into/are in stage two
This is known as the advancing phase
It occurs after a stock has been in a consolidation period
We'll usually see that a catalyst pushes the stock higher...
Ideally you want to buy stocks that are going into/are in stage two
This is known as the advancing phase
It occurs after a stock has been in a consolidation period
We'll usually see that a catalyst pushes the stock higher...
6.
- The Big Picture -
(BONUS)
This newsletter has what you need to succeed in the markets...
You'll get:
- Long-term investment ideas
- Weekly trades with buy/sell/target points
- And best of all, any 1 on 1 help you may need to get started https://gum.co/TheBigPic
- The Big Picture -
(BONUS)
This newsletter has what you need to succeed in the markets...
You'll get:
- Long-term investment ideas
- Weekly trades with buy/sell/target points
- And best of all, any 1 on 1 help you may need to get started https://gum.co/TheBigPic
