Mistakes will be made, even by the pros. However, if you’re aware of potential issues, the better off you are. They Don’t Have a Trading Plan Experienced traders get into a trade with a plan. They know exact entry and exit points, the amount of capital to invest in the trade and the maximum loss they … Continue reading “The 3 Worst Mistakes Investors Make”
Tag: stop losses
Investor Checklist: Top Questions to Ask Before Buying
Success is not always a guarantee. But if you have a plan in place, you increase your odds significantly. You see it’s not about having the “perfect” strategy. It’s about the rule you abide by with each trade. Any one can trade a stock. But it’s takes a disciplined trader to trade that stock well. … Continue reading “Investor Checklist: Top Questions to Ask Before Buying”
The Top 5 Ways to Become a Better Investor
When markets are riddled with volatility, tried-and-true actions can help investors boost their chances for long-term success. Step No. 1 – Have Stop Losses in Place All of a sudden, your favorite small cap stock is falling out of the sky. What do you do? Do you sell? Do you hold? Or, do you freeze, … Continue reading “The Top 5 Ways to Become a Better Investor”