EDUCATION 5 tips to improve your trading
Budget: $750 – $1,500 USD
1. Trade only with the money you can to lose. Do not take huge positions. You will not be able to manage the emotions.
2. Do not trade to get rich quickly, or because you think it is easy money. The stock market is among the toughest ways to make money.
3. Do not trade when you are in an emotionally unstable place. Trading is all about psychology.
4. Trading is all about learning, analysis, and planning. Take time out to analyse stocks every day, and make a complete trading plan — Including Entry, Exit, Stop Loss, contingency plan, etc
5. Trade with the trend. Buy a strong stock on pullbacks, and sell a strong stock on upticks
2. Do not trade to get rich quickly, or because you think it is easy money. The stock market is among the toughest ways to make money.
3. Do not trade when you are in an emotionally unstable place. Trading is all about psychology.
4. Trading is all about learning, analysis, and planning. Take time out to analyse stocks every day, and make a complete trading plan — Including Entry, Exit, Stop Loss, contingency plan, etc
5. Trade with the trend. Buy a strong stock on pullbacks, and sell a strong stock on upticks