Trading For Newbiew

in #leofinance3 years ago

My first recommendations will be to do 3 things. 1 Subscribe to a stock market advisory service. take your pick there are thousands. 2 get a course to school yourself on the market (college or youtube, your knowledge is your investment), 3 Because youre new to trading DONT DUMP into a single stock. Keep your individual positions below 20% each. More eggs in your basket will be more stable than foolishly buying a massive single rotten egg.
Also, if you end up in a position where someone else is Telling you to buy this, or buy that, You're wrong. Real investors who are out for the long run will take others information or advice, but they do their own analysis of the investment in the end. So if you're aping along with a crowd expect to fall with that crowd.

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