The Word on Investing by TRADEway
Business:Investing
There are a few common mistakes amateur traders make. The good news is, it’s not difficult to avoid these common mistakes once you know what they are!
In this week’s episode, I share my thoughts on the major differences between the professional and the amateur. (Spoiler alert: You want to be trading like a pro.)
We’ll cover:
How to check yourself if you feel you might be trading more based on feelings than facts
How to read the news to best inform your trading (this one might surprise you)
Why you want to focus MORE on managing your losses and LESS on your potential gains for maximum impact (I’ll explain more in the episode!)
Why having a SYSTEM is imperative to your trades being successful
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