Sep 15, 2011 -
Ekonomi
No Comments
Ekonomi
No Comments Guidelines for Investors
1. Know Yourself
If you start sweating when you watch the price swings of a product you have invested in, you either have the wrong trading concept, are in the wrong products, or your positions are too big.
2. Put Your Ego Aside
The biggest losses happen after investors make their first big profits. If you accumulate profits with a proven, tested investment strategy, you can pride yourself on its success.
However, if you make profits without an investment strategy, you may lose not only all your prof its but your total investment. Unexpected price moves do not have to mean big losses; they occur because investors work with the wrong trading concept. Read more »