The Attitude Required to Become a Consistently Profitable Trader: There's no doubt that becoming a consistently profitable trader is a difficult task that requires hours of study and practice to achieve. That's why 90% of traders lose money. Oftentimes, they're either too lazy or simply don't want to take time to learn and become proficient at it. In the end, that anti-education attitude leads to mirror-trading (piggybacking on other people's trades) and failure. The good news is … [Read more...]
How to Trade Stocks While Working a Full-Time Job at the Same Time
Trading Around a Full-Time Job - Is it Possible? When it comes to capturing massive profits in the stock market, it typically requires a short-term approach like Day or Swing Trading. A buy-and-hold approach on Blue-Chips simply won't turn a small account into a large one within a relatively short period of time. For example, if you only have a $1,000 account to work with, buy-and-hold just isn't going to do much for you. The S&P 500 returns roughly 10% Per Year on average. Enjoy … [Read more...]
Top 3 New Trader Mistakes – Clean Up Your Approach and Start Profiting
Are You Guilty of The Three Most Common New Trader Mistakes? Every trader makes mistakes. It's all part of the process. There's no shame in it if you're just getting started - it happens. But to stick around for the long-haul, you have to learn from those mistakes. Never sweep them under the rug or act like they never happened. If you do, you'll find yourself guilty of committing the same errors over-and-over again. Take ownership of your past mistakes and keep them in your memory … [Read more...]
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