Publisher's Synopsis
There is a good reason why trading is not for everyone. Statistics show that the majority of those who attempt a career in trading are not successful. This leaves us with a burning question...what is the cause of so many failures? Is it because they lack experience? Is it because of the intensity of the trade itself? Or is it because they don't have the right knowledge?
Financial experts agree that the best time to start saving for the future is when you're young. However, fresh out of college or just entering the job market, retirement probably isn't your first priority. That doesn't mean its OK to wait to start saving, and saving also doesn't mean saying goodbye to all of your hard-earned paycheck. In fact, the more time your money is invested - even if it's as small as $10 per month, the more the time it will undergo growth. Taking advantage of stock markets by placing your investments in them is a nice way to ensure that you will gain good returns.
Unfortunately, the road to a profitable trading strategy is fraught with peril. No doubt, the stock market seems to be everywhere in our daily lives and while people are making so much money from it, others are losing their money due to poor information of the stock market. Now, what is really a stock market? What is the definition of stocks? What does the stock mean for you, your country's economy and your employer when the stock had a good day?
If you are new to trading and thinking of going into the stock markets, then consider this book your first real investment. Some of the topics you will learn include:
- Having an understanding of day and swing trading
- The crucial information you ought to know before starting out
- Tactics that will earn you more profits and passive income
- How stress can influence your decision making skills in the market
- Characteristics of a swing and a day trader
- How to prepare for inflation challenges
- The mistakes to avoid at all costs
- And much more!!
To be a successful and outstanding trader, you should develop the following characteristics:
- Do not blame. Accept losses if any without dwelling on them or passing the blame to other people or conditions. Learn from your mistakes.
- Develop and stick to a successful system/strategy of trading.
- Be patient for profits are not instant.
- Do not overtrade. Wait for high probability opportunities.
- Trust in your indicators but be aware of other factors influencing your trades
- Do not rush into a trade. Choose wisely.
- Be ready to adjust to the changing market conditions that influence your methods and decisions.
- Believe in consistent profits.
- Take action without fear.
- Take time off to clear your head.
- Never fear losses since they part of the business.
Take the chance to be equipped with knowledge to be able to make good returns from the market. Challenge yourself by pressing the buy now button to get started.
