Day Trading For Beginners (Entries tagged as trading coach)

Knowing When To Sell Your Stocks

nospam@example.com (Trader) — Thu, 03 Jan 2008 10:43:07 -0600

Timing is everything, and that saying could not be more true when it comes to making money in stock investments. There is this rather ugly part of human nature that wants to hold on to things for the sake of squeezing every ounce of usefulness out that particular thing.

Same can be said of stock investors. The reason why many people do not make money at all is because they hold on their stocks too long.

Setting your financial goals and the willingness to stick to them can easily spell the difference between making money in the market or missing the boat.
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Financial Literacy Leads To Financial Success

nospam@example.com (Trader) — Tue, 11 Dec 2007 11:48:37 -0600

Remember the times when you were told to master your three R's--Reading, wRiting and aRithmetic. Mastering them leads to literacy, the older folks would say.

The dictionary defines literacy as "the quality or state of being literate, especially the ability to read and write" or "a person's knowledge of a particular subject or field".

So if literacy means a person's knowledge of a particular subject, do trading beginner ever ask themselves how financially literate they are?
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The Importance Of Diversifying Your Portfolio

nospam@example.com (Trader) — Wed, 05 Dec 2007 13:22:31 -0600

The phrase "diversifying your portfolio" is often thrown around by stock traders when explaining strategies to those who are about to get their feet wet in investments. Some folks merely nod their heads as the trader continues with even more technical jargon without truly understanding what the explanation was all about.

Portfolio diversification is basically a trading strategy meant to minimize your risks. The higher the risks, the more the potential for losses. This is basically a non-technical way of saying "do not put all your eggs in one basket".
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