Even the best-intentioned traders can jump the gun and buy into a market too soon.
Properly timing your trades is a critical component of a good trading strategy. We can't jump in headfirst and expect the market to go our way. But even the best-intentioned traders can jump the gun and buy into a market too soon. When that happens, they're likely forced out of the market early before realizing any profits. If your account can't handle a few extra days of a bearish push, you're likely over-leveraging your money. Never risk more money than you're willing to lose if a trade doesn't pay off soon enough. That's why I make such a big deal about risk management. And if you follow along with my trading ideas, you'll learn more about correctly timing your trades! | |
Both the EV and energy markets could get a real boost from the latest research Analysts predict this major retail chain is set to gain serious market share Why you might pay even more to heat your home this winter | |
"I don't look to jump over seven-foot bars; I look around for one-foot bars that I can step over." — Warren Buffett Investors often make things too hard for themselves. The value stocks that Buffett prefers frequently outperform the market, making success easier. Many of the gimmicky trends pushed by the talking heads lose money in the long run, so why bother? Just keep things simple and focus on your trading strategy. It's easy to get caught up in a trading system that looks for the next hot trend, but too many traders end up holding an empty bag by the time they jump into the market. So instead, look for a strategy that focuses on developing good habits that lead to better trades. Don't make things more complicated than they need to be. Keep Trading, | |
Hypothetical or Simulated Results Our educational products rely upon hypothetical or simulated performance results. These results have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. | |
There is a very high degree of risk involved in trading. For our full disclaimer, visit: http://tradersagency.com/risk-disclaimers Unsubscribe 20 North Orange Avenue Unit 1100 Orlando, Florida 32801 United States (888) 483-5161 | |