I use my iPhone to trade. Can trade any where as long as there is internet connection. Mommo app very good, provide all the info I need to decide on a buy or sell call. I buy when everyone is selling and sell when everyone is buying. The rest of the time just watching.
Buy the stock that is on sale after it has hit it’s recent low and selling volume has decrease. Sell when the stock has moved to new high and volume of buy has decrease. Don’t force to trade, wait patiently for the opportunity to trade.
This is my best cure for buying high and selling low.
This is my best cure for buying high and selling low.
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I installed solar power system, and also consciously try to minimize electrical wastage. Drive a hybrid car. Not wasting is my moto for staying green.
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You have living expenses irrespective of your loss or profit generated by stock trading. Stock trading is a waiting game, where money is transfer from the impatience to the patience. In stock trading working harder is no guarantee of making a positive income.
As such, full time stock trading is suitable for those who has adequate funds set aside to cover his monthly expenses and adequate capital for trading. It takes time, effort, focus, discipline, etc t...
As such, full time stock trading is suitable for those who has adequate funds set aside to cover his monthly expenses and adequate capital for trading. It takes time, effort, focus, discipline, etc t...
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Ask myself why all these stocks crash. What is the reason that their prices recovered? Government intervention. So my conclusion is that fundamentally there is something wrong and mostly likely these companies are simply over valued for what it is worth. Without government support there prices will continue to slide further. Eventually the Chinese government will feel the pain of doing this on a long term basis, as such to withdraw from it. Don’t get trap holding it. Buy only stocks that ...
If the stock I hold is in the downward trend then I will start to sell off some percentage of them, stop when price found support. This can be done over a period of time, stretching from days to weeks. Once the stock found it support level, trend of this stock is back in uptrend, I will buy them back periodically to my original holding volume.
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I loss money when I make the entry at the wrong price point, when market is in a down trend or bad news was announced after the buy, etc.. Knowing why makes me realise my mistakes to take note of what to do and not to do. If the fundamentals of the stock is good and loss is less then 20%, I will hold on to it, otherwise cut loss. I will be calm and accept that losses are inevitable and can be valuable lessons to make me a better trader.
To do well in trading stock, read lots of good books on trading, learn all about when to buy and sell, cut loss and taking profits. After knowing the theory and wanting to adopt this right mindset, we need to put this into practice with actual trade execution. It is very difficult to follow your cut loss rules when the amount is big, as such my advise is to do small trade and then execute your trade according to your set rules. After many such trades, this way of tradi...
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