Trading in the stock market can be very very exciting. Everyday tons of advisory services call out dozens of trades. But how many people really make money from dabbling in 10 different stocks?
Or how many people can learn 10 different trading strategies and profit from all of them?
In this short article I would like to address the issue that plagues so many traders.
Unless you are a very experienced trader, you will not make money by doing too much in the stock market. Even seasoned traders know that the most money is made through a few trading strategies.
They become world class at 2 or 3 trading strategies and they repeat them again and again.
Here are the benefits of being focused:
Here are the downside of having too many investing/trading strategy:
Trying to trade too much will eventually be detrimental to your account. It's better to be a master at something and rake in the profits slowly.
Oct 30, 18 06:35 AM
As we close out the month of October 2018, what is in store for us? Let us take a look at the charts and see what they might be telling us.
Oct 26, 18 10:47 AM
Technical analysis of US stock market for Friday October 26 2018.
Oct 26, 18 06:23 AM
With the recent crash and sell off one wonders how far Dow Jones can fall. Let us take a look at what the chart is telling us on the possibility of Dow's collapse.
Aug 16, 18 07:28 AM
In this lesson, we will learn how and why BMY manage to bottom out and start a new uptrend.
Aug 14, 18 08:19 AM
In this lesson we will learn and examine why Pentamaster was able to recover all of its losses to start a new uptrend and achieve new highs.