The value of Tesla Inc. (TSLA) surpassed $1 trillion on Monday. It resulted in a double win for Chief Executive Elon Musk. Elon Must has become the richest man in the world thus World’s Richest Person Elon Musk is now $288.6 billion Monday The stock is continuing to rise on news that Tesla has received…
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Regardless of how confident a trader is in their ability to forecast the future, how strong their conviction, or how much they believe. No individual trader or investor can control the outcome of a market move unless they have sufficient capital to move the market themselves. Traders face a unique frustration found in a few…
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Adaptability is a key feature of investment strategies and the strategy you choose does not fit your risk-taking capacity, you can easily change it. It can, however, be costly. A fee is applied to each purchase and Selling assets can result in a significant capital gain. These profits are taxable, which is why they are…
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There are some absolute laws that most wealthy traders follow. Rich traders don’t risk all of their money on one trade. Instead, they only risk 1% to 2% of their trading capital on each trade. Rich traders don’t try to prove that they are right about a trade. They follow the market’s moves after they…
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20 Investment rules for a successful investor. We looked at what common factors existed before these big winners had big gains and how they changed when the stocks reached their peaks. As a result, these rules demonstrate how the market actually operates. You are arguing with how the market has behaved for over 100 years…
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New Trader’s Phycology Get In and Out of a Trade within time is very important. Every new trader is obsessed with Entries Hot stocks? What to buy? Which stocks are likely to double in stock? How long do they want to hold their stock? Exit from trades is a subject that many new traders overlook.…
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Here are 15 questions that can evaluate how financially fit you are in your financial health. 15 Financially Fit Test Questions You can pay off your credit card debt any time you want to or have zero credit card debt. You’ve got 3 to 6 months’ worth of expenses set aside in case of an…
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Expensive trading habits can result in big losses. Here are the 6 Most Expensive Trading Habits of New Traders: 1.Trading with no stop losses. You can’t control your profits, but you can control and limit your losses with a well-planned exit. When a trend turns against you and you start hoping instead of cutting your…
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We can make money in trading at the exit, not the entry. The art of exiting a trade is critical to a trader’s success in the markets. Profits can vanish if they are not taken at the right time, and small losses can balloon into large losses if they are not cut short. Small profits…
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