This is probably the most important lesson, after journaling. I cannot stress this enough, if you don't follow position sizing - you have the choice of going bankrupt. To see the remaining lessons, click on the link below: The 12
This has nothing to do with pyramid schemes or Bernie Madoff. This goes against your conventional thinking of $/₹ cost averaging. What is pyramiding? Find out... To see the remaining lessons, click on the link below: The 12 Pillars of Trading
ALL-IN should only be heard in Las Vegas or Macau. If you hear that from an investor or trader, don't be surprised when people say the stock market is gambling. Listen to what Piloting is all about... To see the
Here's the first lesson of 12. It's one lesson that I carried over from my experience in private equity. Having a Plan B. To see the remaining lessons, click on the link below: The 12 Pillars of Trading & Investing
The 7 Must Know Trading Strategies & 5 Timeless Investment Strategies for Successful Wealth Building...
"… derivatives (options) are financial weapons of mass destruction…" — Warren Buffett in the 2002 shareholder letter.Strange that Warren Buffett would say that, because rich people like him use them. Warren Buffett — the very same guy who said “options are financial
WHY: To get paid while waiting for a lower share price that you’ve been wanting to buy at and you wouldn’t mind buying at a lower price. You’re expecting the stock price to move higher (eventually) or
WHY: To earn income on shares you already own (hence ‘covered’ by you), while waiting for your desired sell (higher) price. You’re expecting the stock price to go down or stay flat, you sell a CALL option contract. This
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