Tagged with " tips"
Jan 7, 2012 - Forex, Stock    No Comments

10 trading tips to keep you sane and solvent

Extreme market volatility over the past year and the agony of watching the market fall off a cliff while pension managers are out playing golf has driven more and more people into short-term trading.

Trading follows a different methodology from investing: you are looking for short-term movements and speculating on price falls as well as rises. Investing entails looking for value and taking a longer-term view.

Here are 10 trading tips that have stood the test of time.

1. Knowledge is king. Have an economic calendar, and a company reporting and dividend schedule to hand. Devour the business pages and read the odd trading book. Have a financial television channel on, but avoid information overload. Read more »