Now, lets finish our discussion from Part 2.
Tip No. 7 – Progress as Regularly as Possible.
This claim involves a number of practices. The first is that you should never run on an emotional way. Forget your emotions react as professionals. Before initiating a trade, always make sure that you have checked everything that needed to be verified. Be patient and if in doubt, do not.
The second is that you must always remain very disciplined, especially if you are day trading. You should always always respect your stop. Never believe that the market will change to please you, to you!
The third is that you should never lose faith in what you do, even if you lose at the start (or rather, you should not get carried away by a enthusiasm too big if you win very quickly).
The fourth is that you should always invest in liquid shares in an active market. Choose a share of ACC 40, very “liquid”, which means that there are many movements of buying and selling on to a share of a secondary market, on which you are “stuck”, ie to say that you could never get rid.
The fifth is that you should never invest in the opening if possible (unless you spend your orders before leaving for work). It is better to wait at least thirty minutes (initially, these are the orders of the “Goofs”, that is to say institutional investors, banks, insurance companies, pension funds and others who spend nearly d ‘ one hour before the market opening to the public)
The sixth is that you must not in any way make you worry because you “missed opportunity” on the market: there is always “good times” on the market.
The seventh is that you should never want to win too because you may lose not only what you’ve already won, but more and more.
The huisième is that you should never try the famous “buy low, sell at the highest. Personally, I know, of all people is called colloquially the “punters” A single person who has achieved this … and unintentionally, by his own admission! It has now more than eighty years and it invests in the stock market since the age of twenty.
The ninth is that e should NEVER invest if you know a planned event (vacation, travel, overtime, etc..) Prevent you from going on the Exchange. In this case, do not hesitate to lead (that is to say sell) all your positions and become completely “liquid” (you will not have that money from your broker, or more shares warrants, etc..).
The tenth is that you must be very careful with the SRD opportunities as you do not understand how you use it to perfection: your gain is increased, but your loss is too!
The eleventh is that you must constantly seek to improve yourself.
The twelfth, finally, is that after each operation, you must make an assessment that will be very instructive for you. You must answer the questions: why am I entered this action? why am I out? what is positive in this operation? What I can improve in this strategy? I’ve been disciplined? why I won (or lost)? What I learned in this operation and how do I use this in the future?
And you’ll find that you learn very quickly, by proceeding this way, gaining Fellowship
7 Tips in Stock Investing (Part 3) is a post from: Financial Dialogue Start