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Remember, you’re trading, not investing.
Stock market for beginners.
There will just be some that don’t move the way you may anticipate. Some stocks give clearer signals than others, so why mess with the ones that don’t seem to work for you? It’s all right to follow strong stocks whose price is trending higher. Venture in, trade with 100 shares or less until you understand how this part of the stock market works.
Trade just one or two stocks a day. Trying to manage anything more is not that easy.
Don’t hold losers, and rarely keep a position overnight. Once it’s clear the loser is not coming back before the market’s close, sell and live to trade another day. For some reason you have trouble doing that, then scale out of a winning position by selling half of it now and the rest later.
Good luck
Safe trading
Asoka Samarakone
Stock market for beginners.
There will just be some that don’t move the way you may anticipate. Some stocks give clearer signals than others, so why mess with the ones that don’t seem to work for you? It’s all right to follow strong stocks whose price is trending higher. Venture in, trade with 100 shares or less until you understand how this part of the stock market works.
Trade just one or two stocks a day. Trying to manage anything more is not that easy.
Don’t hold losers, and rarely keep a position overnight. Once it’s clear the loser is not coming back before the market’s close, sell and live to trade another day. For some reason you have trouble doing that, then scale out of a winning position by selling half of it now and the rest later.
Good luck
Safe trading
Asoka Samarakone
