TradingAndMakingMoneyTips @TradingTips4You
I'm Here to help everyone to learn to make money online trading, betting or with other methods. YouTube channel: https://t.co/ZMkiGCSEVr Joined January 2019-
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Tip 17: The first and final hours of a trading session are almost always the busiest, and therefore tend to offer the most opportunities for day traders.
Tip 81: Follow professional traders and try to find out which stocks or instruments they are trading and try to understand how the profits are being made, when did they buy and sell.
Tip 101: Always keep your eyes on the news. The stock market always reacts to the positive and negative news. Avoid dealing in stocks with negative news.
Tip 80: Every time you lose, write down the reason, make a list of those reasons and go over them every day before starting to trade. This way you are able to remember the past stupidities better in order to not repeat them again.
Tip 43: You should know how to save the money you earned. Quickly close the losing positions and keep open the profitable ones.
Tip 100: This is an extremely important point where almost every trader makes mistake. You should set price target before taking any position. This limits your potential loss and also helps you in controlling your emotion over price change.
Tip 29: People have a tendency to overcomplicate matters and develop intricate and complex solutions to problems. When we accept that trading is not easy, we think only a complex solution (trading plan) will work. In trading, simple does work.
Tip 49: A lot of the market run comes from news flow during the day. Always be aware of all the day's announcements Try to extrapolate company news to other shares in the same field.
Tip 90: Be careful with price predictive websites, magazines, books and gurus. Why would they share their valuable trading secrets about with you? Trade only on your own beliefs, never just copy or use predictions made by others.
Tip 14: Never trade with money you can't afford to lose.
Tip 39: Take responsibility for your decisions. Successful traders will never disclaim personal responsibility. It is you who enter the market and it is you who assume all responsibility for the transactions, profitable or unprofitable.
Tip 33: Be diverse: Any trader will tell you that the key to a low-risk portfolio is diversity. Spread your funds wisely across various assets and asset-classes.
Tip 64: Experienced investors such as Buffett eschew stock diversification in the confidence that they have performed all of the necessary research to identify and quantify their risk.
Tip 35: When the markets don’t move in the way we expect, it’s easy to let bad results affect rational thought processes. Trading when you’ve just suffered a significant hit can be dangerous, as you might be tempted to take much larger risks in order to try and regain lost funds.
Tip 37: Before day trading any stock, you should know how much it typically moves in a normal trading day. This will allow you to set realistic expectations on where the stock could end up if started trending to the upside or downside.
Tip 84: In order to minimize the role of emotions, one of the best of courses of action would be the automatization of trading choices and trader behavior. All that you need to do is to make sure that your responses to similar situations are similar in nature.
Tip 2: Assess how much capital you're willing to risk on each trade. Many successful traders risk less than 1%-2% of their account per trade. Set aside a surplus amount of funds that you can trade with and are prepared to lose.
Tip 98: When you are trading the market, you will make every mistake you possibly can. Don’t let that discourage you. Mistakes happen, money is lost.
Tip 7: Successful traders have to move fast, but they don't have to think fast. Why? Because they've developed a trading strategy in advance, along with the discipline to stick to that strategy. It is important to follow your formula closely rather than try to chase profits.
Tip 87: You don’t have time to sit and watch the markets every minute of every day. You can better manage your risk and protect potential profits through stop and limit orders, getting you out of the market at the price you set.

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