moonchild
VIP Contributor
Are you tired of working your 9-to-5 job and want to get into the exciting world of stocks trading? Well, buckle up, because I'm about to drop some knowledge bombs on you.
You need to know everything there is to know about the stock you're trading, from supply and demand to production levels to the geopolitical climate. If you're not up to date on the latest news, you might as well be trading blindfolded because everything is in the details, you have to know about it so that you can make profitable trades.
But here's the thing - even if you do your research, you're still not guaranteed to make money. That's why you need to use technical analysis to identify trends and patterns in price movements. And let me tell you, these charts are complicated so you need to know what you're looking at to make sense of it all.
Now, let's talk about risk management. If you're not managing your risk properly, you might as well be playing Russian Roulette with a fully loaded gun, no jokes. You need to set stop-loss orders, diversify your portfolio, and not invest more than you can afford to lose. Because let's face it, if you go all in and lose everything, you'll have to start from scratch and will have to build up again.
let's talk about discipline. If you're not disciplined, it will super hard for you to be profitable. stick to your trading plan, avoid impulsive decisions, and don't let your emotions cloud your judgment. Because let's be real, if you're making decisions based on your feelings, you might as well be trading with a demo account.
And remember, if all else fails, there's always the option of buying signals from verified traders where all you have to do is copy their trades and make money
You need to know everything there is to know about the stock you're trading, from supply and demand to production levels to the geopolitical climate. If you're not up to date on the latest news, you might as well be trading blindfolded because everything is in the details, you have to know about it so that you can make profitable trades.
But here's the thing - even if you do your research, you're still not guaranteed to make money. That's why you need to use technical analysis to identify trends and patterns in price movements. And let me tell you, these charts are complicated so you need to know what you're looking at to make sense of it all.
Now, let's talk about risk management. If you're not managing your risk properly, you might as well be playing Russian Roulette with a fully loaded gun, no jokes. You need to set stop-loss orders, diversify your portfolio, and not invest more than you can afford to lose. Because let's face it, if you go all in and lose everything, you'll have to start from scratch and will have to build up again.
let's talk about discipline. If you're not disciplined, it will super hard for you to be profitable. stick to your trading plan, avoid impulsive decisions, and don't let your emotions cloud your judgment. Because let's be real, if you're making decisions based on your feelings, you might as well be trading with a demo account.
And remember, if all else fails, there's always the option of buying signals from verified traders where all you have to do is copy their trades and make money
