There are many important things you need to know to trade and invest successfully in the stock market or any other market.
12 of the most important things that I can share with you based on many years of trading experience are enumerated below.
1. Buy low-sell high.
As simple as this concept appears to be, the vast majority of investors do the exact opposite.
Your ability to consistently buy low and sell high, will determine the success, or failure, of your investments.
Your rate of return is determined 100% by when you enter the stock market.
2. The stock market is always right and price is the only reality in trading.
If you want to make money in any market, you need to mirror what the market is doing.
If the market is going down and you are long, the market is right and you are wrong.
If the stock market is going up and you are short, the market is right and you are wrong.
Other things being equal, the longer you stay right with the stock market, the more money you will make.
The longer you stay wrong with the stock market, the more money you will lose.
By C.C. Collins
Commodities
2007-11-09
12 Basic Stock Investing Rules Every Successful Investor Should Follow(1)
Posted by cheahyeankit at 1:03:00 AM
Labels: Buy low-sell high
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1 comment:
I think stocks and shares are the best way of investing. This is one of the money making idea among investing.
"Basics Of Investing"
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