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ego defense? do you trade dude? have you read James’ background? he isn’t a random dude who gave it a whirl on a whim with $5k and a FX brokerage account.
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My 10-year-old son brought home a book from our park’s free library box. It was a biology textbook – teachers edition. He said it looked interesting and hey, it was free (having no idea you could sell it). I scanned it in my Amazon seller app and realized it was worth around $150. He was so excited. We listed it for sale for $130 and it sold! Going to tell him, he just made $130!
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Fund Analyzer The Ultimate IRA Contribution Guide University s You also want to stay away from the “risk taker” mentality and also the flip side where caution prevents action. How you feel on a particular day can actually influence either one of those and cause you to deviate from the trade strategies you have tested.
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Finally, if you don't want to work for yourself, go spend your time hustling for someone else at a part time job. While not ideal for some, it can be a great way to earn some extra money in your spare time.
Breakout day trading is when you look at the range a pair has made during certain hours of the day and then placing trades on either side, hoping to catch a breakout in either direction.
highlandlad @David, thats the way I do it. When I see a trade where I feel there is an edge, I make it but now I focus more on other parts of my business. Alvaro Salazar
Tech Stocks Social life is social life, business life is business life, and if you can’t separate the two then you aren’t cut out for this field! Trading must be seen as a business. If losing 500,000 or so of a clients money will deter you from having a normal social life then trading isn’t for you. In anycase, if you were hired to increase the net worth of other people then you should be able to handle if not prevent a 500,000 dollar loss, because let’s face it, people wouldn’t hire you otherwise.
We’re not licensed brokers. You’re 100% responsible for any investments that you make. We’ll let you copy our trading strategies but we don’t make money 100% of the time. Read our full disclaimer before making any trades – https://bullishbears.com/disclaimer/
A) The Buffett/Gates approach of holding a concentrated portfolio (one company, for instance) forever. Privacy
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