Bonus
Here are a few tips to remember in our Bonus section.
DO:
- develop a plan, stick with it
- before entering into a trade have your exit strategies in place, stop loss
- monitor your trade daily
- run a watch list
- sell on first signs of weakness
- exit losers fast
- let winners ride
- keep your emotions on the other side of the door not in the market
- Read Investing Quotes
AVOID:
- running with the pack
- over trading
- not following your plan or no plan at all
- Do not play the news, too risky
- FEAR and GREED
RULES:
Only invest with what you can afford to lose.
Keep a record of your trades
, compare winning against losses.
Follow the trend; remember "THE TREND IS YOUR FRIEND".
Focus only on a
few strategies.
WHAT MOVES A STOCK?
News, rumors, earnings, mergers, stock splits, stock buy backs
BEWARE:
Stock splits are an emotional investor's nightmare. The news tends to play with our emotions. They want us to believe a company is giving us a 2 for 1 deal. You will see the stock move like crazy only to drop a day later when investors realize they got two nickels for a dime. Beware of this trap.
DEFINITIONS:
What is a
Bull Market
? Or Bullish Trend? When a trader invests on up-trending stock. When the market is up-trending.
What is a
Bears market
or Bearish Trend? When the market is going down or you are trading down trending stock.
And above all else Remember it is ok to have fun, here are some stock market jokes you might like.
Other key phrases |