Tag: Stocks
Don’t focus on making money; focus on protecting what you have
Risk management is paramount. Avoid being reckless with your portfolio. Focus on minimizing losses before chasing profits. Financial markets are ever-changing. Traders and investors must stay informed, adjust strategies, and be flexible to survive and thrive.
Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1
Losing money means you lose your base for compounding returns, which is essential for long-term wealth growth. Avoid unnecessary risks. The stock market is a device for transferring money from the impatient to the patient. Successful investing often requires patience. Those who chase quick gains or panic-sell during downturns end up losing to disciplined, patient…
The Profit of Patience
If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money
The Power of Patience
If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money
The Unstoppable Drive
When I was younger, there was something in me. I had passion. I may not have known what I was going to do with that passion, but there was something and I still feel it. It’s this little engine that roars inside of me, and I just want to keep going and going
The Life Cycle of Bull Markets
Bull markets are born on pessimism, grow on skepticism, mature on optimism and die of euphoria
Instinct Over Analysis: The Key to Successful Trading
Successful traders tend to be instinctive rather than overly analytical.
Learn from Your Losses: The Path to Improved Results
If you want real insights that can make you more money, look at the scars running up and down your account statements. Stop doing what’s harming you, and your results will get better. It’s a mathematical certainty
Avoiding Losses
Letting losses run is the most serious mistake made by most investors.
Embrace Small Losses to Avoid Catastrophic Ones
If you can’t take a small loss, sooner or later you will take the mother of all losses.
