STOCK market for beginners
Do not invest in the market all the time. There are many times when you have to be completely in cash, especially when you are unsure of the direction of the market.Stop trading until you can learn quite a bit more about trading and the market.
Wait for something to come along that you know is right. Then take your profit, put it back, and just wait again. Don’t Be Afraid to Take Partial or All Profits
The thing about your earnings is that they aren’t really profits until you take them. Don’t be afraid to take partial profits or take profits too quickly.
The market changes fast; it is OK to get out when you feel it is right and take the profits that you can.
The truth is that there is as much chance of losing money in the stocks as there is of making money.
The trick is to avoid greed and make wise decisions that can bring profit. All I am saying is, it is better safe than sorry. After all, its our hard earned money.
Enjoy the week by enjoying each moment that comes your way.
Good luck and safe trading
Asoka Samarakone