3 Ways At Home Traders Can Be More Profitable Than Professiona
Most at home stock and options traders think that professional traders have some magical advantage, or secret, that makes them more successful. As an options coach to a lot of students each month, I constantly hear this “sob story” from some of the beginning traders. They think that if they only had this “secret” trading method, they too can make a ton of money trading stocks and options.
The 8 Step Guide To Trading Stock Market Corrections Successfully
1. Asset Allocation – each week you should revisit your current asset and trade allocation. Where can you look to reduce risk and downside exposure should something bad happen. Don’t exit trades completely though as that would be an attempt to time the market, which is (rather obviously) impossible.
The 2 Most Important Secrets Or Principals In The Stock Market
Everyone wants to learn the “secrets” about trading the stock market. What are the “secret” indicators or the “secret” formulas? For most traders, predicting the behavior of the stock market is just like trying to train a tiger to walk on a leash – it’s virtually impossible! (unless your are this idiot)
My Personal Morning Routine – Tips To Having A Productive Start
5 Tips When Digging For New Stock And Option Trading Ideas
Finding new trading ideas is hard work. Trust me I know, I’m constantly looking for the “low hanging fruit” when it comes to stock and options trading. I don’t want the trades that I have to over analyze and look at 100+ times over to confirm something. There are hundreds of securities to trade and we want the easy trades right?
Rarely if ever do I talk about the Top Investment Books on the blog. I don’t know why I don’t but its an important topic and one worth spending time on here. Reading for me is not so much a hobby as it is a yearning to understand more about trading, investment, wealth management, etc. I don’t read “for fun” per say but I do enjoy reading a good investment book.
As we continue to get closer to closing out 2010, we wanted to know what some of the Top 2010 Investments were this past year for our readers? As always feel free to add you comments below. This may be a particular stock, ETF, index, commodity etc for you personally – but we’d love to hear about it!