A lot of waiting around. Much less glamorous than they make it out in those fake furu videos.
I usually get up and do a gym session first. I check the news events for the day.
I already have my levels marked from my weekly trading plan.
And then the waiting begins… usually I will find 1–3 trading opportunities in any single day. And on some days, I play video games in my underwear. Very exciting!
I usually get up and do a gym session first. I check the news events for the day.
I already have my levels marked from my weekly trading plan.
And then the waiting begins… usually I will find 1–3 trading opportunities in any single day. And on some days, I play video games in my underwear. Very exciting!
1
In terms of what investors should be doing with their portfolio, Schroders Investment Strategist Whitney Sweeney said “diversification is key, as is patience.”
She said this was important as market volatility remained, with the Russia-Ukraine war still unresolved, and as central bank rate hikes have come even more into focus for investors over the past week. Fed Chairman Jerome Powell said last week that ...
She said this was important as market volatility remained, with the Russia-Ukraine war still unresolved, and as central bank rate hikes have come even more into focus for investors over the past week. Fed Chairman Jerome Powell said last week that ...
yes you can make trading as full time profession.
but tough conditions apply’
============================
you should use none of the 4 standard excuses
1.you have no time(too busy with friends- parties-functions- show off activities)
2 you have no energy(you get tired easily)
3 you have no money(already you have high expenses life)
4 you really feel it is too tough and not worth struggling(you dont have real passion)
========================================
you must know yourself first...
but tough conditions apply’
============================
you should use none of the 4 standard excuses
1.you have no time(too busy with friends- parties-functions- show off activities)
2 you have no energy(you get tired easily)
3 you have no money(already you have high expenses life)
4 you really feel it is too tough and not worth struggling(you dont have real passion)
========================================
you must know yourself first...
1
Being stuck in a circle concerns mistakes we make in trading. Now, understand that, as a beginner, it is totally normal and even essential to make mistakes when you trade.
The key lies in not repeating those mistakes over and over again.
The best solution and the one I use in that case is to keep a journal of your mistakes. It doesn't have to be very complex nor it should be. Simply write down bullet points of your mistakes.
If you've already done that, grea...
The key lies in not repeating those mistakes over and over again.
The best solution and the one I use in that case is to keep a journal of your mistakes. It doesn't have to be very complex nor it should be. Simply write down bullet points of your mistakes.
If you've already done that, grea...
“The difference between successful people and really successful people is that really successful people say no to almost everything.” -Warren Buffett
1) Does the Company innovate?
2) What is the size?
3) Is it a falling knife?
4) Is it a low ROE business?
5) Should you look for cyclical plays?
6) Are the shares liquid enough?
7) Does it have poor corporate governance?
8) How transparent is the Company?
9) Is it a penny stock?
10) How much has...
1) Does the Company innovate?
2) What is the size?
3) Is it a falling knife?
4) Is it a low ROE business?
5) Should you look for cyclical plays?
6) Are the shares liquid enough?
7) Does it have poor corporate governance?
8) How transparent is the Company?
9) Is it a penny stock?
10) How much has...
11
Emotions are a natural part of trading. As much as we painstakingly plan our trades, the market doesn’t always meet our expectations. Indeed, it is more likely that the market will fail to meet our expectations than behave in accordance with our plans. If you accept this fact, however, and take proper precautions to work around it, you’ll be able to minimize the influence of emotions. You’ll trade more effortlessly, creatively, and profitably.
2
An investment strategy has more to do with putting your philosophy into practice. So, if you say that your philosophy is to buy stocks with a low P/E ratio or you are a contrarian (it means you buy when everyone else sells and sell when everyone else is buying), you are essentially confusing an investment strategy with your overall philosophy.
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