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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » If you hit a losing streak, and it is not because what you are doing is wrong, that tells you the whole market may be going bad. Stock market for beginners

If you hit a losing streak, and it is not because what you are doing is wrong, that tells you the whole market may be going bad. Stock market for beginners

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Asoka Samarakone


Expert
Expert

If you hit a losing streak, and it is not because what you are doing is wrong, that tells you the whole market may be going bad.
Stock market for beginners 
Smart investors need to follow new strategies to make profit from falling stocks.
Start to change your position quickly when you are proven wrong in a trade. Every active trader should learn to trade instead of gamble.
If you hit a losing streak, and it is not because what you are doing is wrong, that tells you the whole market may be going bad. If you have five or six straight losses, you want to pull back to see if it is time to start moving into cash. Money management and preservation of your capital is critical. If you risk too much and lose too much you will not have enough money to invest when the going gets good.
Smart investors need to follow new strategies to make profit from falling stocks.People think a successful person is either lucky or right most of the time. This is not. Successful people make mistakes; Every time they fail, they keep trying much harder and more often than the average person does.
Good luck and safe trading 
Asoka Samarakone 

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SAGA


Moderator
Moderator

I think one of the the best books you can read interms of investing and learning basic skills of finances would be RICH DAD POOR DAD book.if you can pls read it.a food for thought

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