As a new trader, you need to build a strong foundation of principles so that you can both make money and avoid going broke at the same time. Make sure your trading strategy, risk, and own emotions and ego are all in line with the rules you set up for yourself. Here are 25 Rules…
We should aware of that What are emergency funds? and how they works in an emergency situations. You never know what will happen in life. A natural disaster might damage or destroy your house, or you or your partner might get sick and not be able to work. You could also get laid off or…
Investing is when you put money into something in order to get money back. This means that you spend money to make money and reach your financial goals. When you’re giving your money to a company, government, or other entity in the hope that they will give you more money in the future. There are…
Throughout your life, you’ll be given a lot of truly stupid investment opportunities. Most of the time, you need to look for smart investment opportunities that you can use. First, figure out How to Invest Money Wisely and whether or not you should spend money in the first place? Should I spend money? It’s important…
Mutual funds and ETFs are similar, but there are important Difference between ETF and Mutual Funds that we should aware of. There are two ways to figure out which one is “better.” What kind of investor you are? What kind of investing you want to do? ETFs and mutual funds: which is better for you?…
Ten questions to ask yourself when you lose a lot of money in trading: Are you going against the trend in your time frame? Making money is mostly about going with the flow. In range-bound markets, are you trying to change the direction of the market? You should look for highs that are higher and…
Trader’s trade get stressed out because they don’t know what to do, or they know what to do but don’t do it. In this article we will read some important ways to manage trader stress. There is a big difference between reading about trading or doing a practise trade and actually trading with real money…
There are ten things to follow if you want to make money with trading: When your stop losses are hit, don’t hold on to your money and your emotions in trading. A stop loss or trailing stop must be set up for both losing and winning trades, as well as possible target areas where it…
Things Traders Need to Quit, if they want to make money. The best way to make money is to risk a little and not risk a lot. Stop giving back all your money in one bad trade. You should only trade things you know how to trade. People who ask other traders for trades should…
Swing trading is a trading strategy for short sellers. In swing trading traders buy and sell stocks when indicators indicate a future uptrend or downtrend. They can hold stocks from a few hours to a few weeks. Swing trades try to take profit from buying and selling lower lows and higher highs. Traders use technical…