My Trading Tips For Newbies

Trading may look like an easy way to make money online but to be honest it isn't and it can make you lose more money than you earn therefore it's important to study before you start trading with real money. Here are some tips which maybe can help you a little: 1) focus hard on building a strategy that works for you, everyone's is different, 2) don't FOMO into stocks, its ok if you miss an opportunity, there will be plenty more, 3) never be afraid to take profits along the way, whether this is trimming 25%, 50%, so on of your position as it goes up, 4) never invest money you can't afford to lose... it's highly unlikely you will lose if you play smart, but this is a pretty big rule to operate by, 5) you WILL lose on certain plays, don't let it ruin you, it's important to move on, the goal is to win more than you lose.... to be a good trader you have to know that losing is OK.