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Forum nameGeneral Discussion
Topic subjectYou're right. You should expect to lose money.
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13400636&mesg_id=13400749
13400749, You're right. You should expect to lose money.
Posted by Case_One, Mon Aug-24-20 02:17 PM
>However, remember. And this is a fact, 70-80 percent of
>traders lose money. So it is not a piece of cake, but you are
>in the right direction.
>
>Key things. Don’t keep everything invested all the time. You
>must Know when to take profit, especially before earnings,
>because earnings could go either way. If earnings are bad ,
>there will be a pullback. So know the earning dates of the
>stock you are invested in.
>
>Dollar Cost Average and average down. By investing monthly or
>a certain amount instead of one lump sum, you will catch up
>and down price points which will give you price protection.
>
>Always Hedge...always have a hedge.
>
>People always think they can beat the market... no way. It is
>operated by super computers that run all types of formulas
>within microseconds. So long term is the best way to trade.
>
>I Worked in the stock market for 6 years.


GREAT COMMENTS. My goal is to build a well-balanced Stock portfolio for the long-term. I'm not pulling anything out of that one for at least 3 to 5 yrs. On the other side, I want to keep learning how to trade and get really good at trading Forex. My wife is learning Options. I still take the options training with her, but I want to be focused on the Forex like a pro.


THANKS FOR DROPPING THE SCIENCE!