Saw a number of newbies here asking how to trade. First of all, learn not to lose a lot. Remember, trading is about probabilities. Limiting ur losses then u r half way there. U only need to win 50% of ur trade to b successful as Mr Barush said. U need to have positions sizing n cut loss level before any entry. Fundamentals or technical is up to u. I prefer technical. U can do back testing on stocks u have selected. I m using Charnexus n is free n give u 3 years data which is more than enough. Always buy on rumors n sell on news. Your profits should b 2x ur risk. Follow d trend n sector leaders.
Page: Investing Basics
2017-06-22 05:17 | Report Abuse
Saw a number of newbies here asking how to trade. First of all, learn not to lose a lot. Remember, trading is about probabilities. Limiting ur losses then u r half way there. U only need to win 50% of ur trade to b successful as Mr Barush said. U need to have positions sizing n cut loss level before any entry. Fundamentals or technical is up to u.
I prefer technical. U can do back testing on stocks u have selected. I m using Charnexus n is free n give u 3 years data which is more than enough. Always buy on rumors n sell on news. Your profits should b 2x ur risk. Follow d trend n sector leaders.