Learn The Basic
Part 4.
We have learned the 5 basic strategies about option trading in the US Market.
If we follow the rules seriously, you will see the result of 70% win and 30% loss or even gain more than loss. Most important thing is to win big and loss a little. Mirriam MacWilliams, who is our Chief Options Trainer and is the former National Director of Education of the largest US Investors Club, made US$2,039,492.00 profit in the stock market, with a starting capital of only US$10,000 within 2 years.
She taught us very simple strategies and easy to follows in order to be smart trader in the US market and so far we have learn that many students have claiming achieving extraordinary success.
As beginners you find it confusing to understand when you want to gain as much knowledge as possible and the same time do not seem to be able to do presently.
I believe that every person is endowed by nature to have at least one gift of talent.
Your friend may ask you how to cultivate self-confidence toward successful trading.
There are two major reasons why people lack confidence. Some people are easily overwhelmed and taking the advice from friend who is no knowledge on what business you are doing and no confidence of themselves.
People who subconsciously believe that buying stock is a form of gambling will more than likely end up losing their money. Some company business either small or big are investing in the equity market indirectly investing into stock market and making profit to pay out dividend and bonuses to their investors. Thought and minds fears them driven by personal experiences of family members or friends who lost money on the stock market during the economic crisis and as and when market was in the downtrend.
People who know what they should invest in for the long run, but they do not know where to begin, what to buy, when to buy, how long to hold it for etc. Some may not following correct direction and leave their financial decisions to the professionals, and cannot tell you why they own a particular stock or fund. Their investment decision is limited and confuse when this stock price going up, they buy it: “that stock is going down, we should sell it now.” This group is in far more danger than the first.
The stock market has now turned into the investment vehicle of choice globally to grow wealth for laymen like you and me. This trend, coupled with advances in trading technology, has opened up the stock market that we can all own and invest in stocks today.
More often, you will get a lot of wrong information, especially from speculators and close friends who do not have much knowledge about stock and want to get rich quick are most likely end up losing in the stock market in a very short time. Actually, stocks can create massive amounts of wealth; it is not without its risks. The only solution to this is awareness, don’t be too greedy and education. We have to protect our selves while dabbling in the stock market is to understand where we are putting our money in the right basket of investment.
To be continue.
No comments:
Post a Comment