Five New Trader Pitfalls You Can Avoid
So you want to trade, eh? Or have you already started? What drew you to it? Was it the huge profit potential? Maybe it was the excitement. Or perhaps you love the challenge of solving a big, multi-dimensional puzzle.
Whatever the case, there’s certainly a number of things that make trading the financial markets worthwhile. At the same time, however, there are some huge obstacles along the path to profits and success. This article discusses five ways to avoid trouble in the…
Five More New Trader Pitfalls You Can Avoid
Trading can be rewarding. You can make lots of money. You can have tons of fun. You can have something to brag about to your friends. Unfortunately, trading can also just as easily lead to financial distress and high blood pressure if you don’t go about it the right way. Here are a five more things you can do as a fledgling trader to get off on the right foot.
#1 Have a System!
You will not be a successful trader if you do not have a system. They come in all different s…
Start Trading: Throw Those Excuses Out The Window
People make all kinds of excuses as to why they cannot get involved in investing or trading the financial markets. In this article, some of the most prominent are debunked.
“I don’t have time”
Despite being one of the most frequently heard, this is probably the most pathetic excuse for not trading there is. Why? Because the availability of technology and information in the modern day means that we can operate in literally any time frame we want. Many people, when they h…