Doing your homework is crucial to your success as an investor. But having the right tools at your disposal makes the job a thousand times more effective and easier to boot.
A growth mindset is critical for traders. If you aren’t willing to develop a growth mindset you’ll never succeed long term. I’ll go over some steps that you can take to start developing a growth mindset in your trading.
After my posts last week about how I survived the 2008 Crash, I wanted to go more in depth about what defines a market crash, versus a market correction, and how to use both to your advantage.
The 2008 financial crisis was a dark time for traders everywhere. But not so much for me. I not only survived but thrived during the 2008 financial crisis. I’ll explain how I did it and how it’s possible to continue trading, even in the face of dire economic circumstances.
The 2008 financial crisis is a time that still causes most traders to shudder. But not me. I was able to turn a near complete economic collapse into astounding profits. All because I knew what to look for, and followed my trading strategy.
Now that you have a good understanding of stock sectors, I want to show you how to take advantage of them. I’ll also give you a few tips that will help you analyze your picks better before you buy in.
To be a well-rounded trader, you need to be familiar with all the different sectors in the stock market, the major players, and what influences them. I’ll go over all of that for you today so that you can trade smarter.
The technology sector is already huge and still growing fast. It’s important to know both how to trade these volatile stocks, and how to incorporate them into your trading strategy. I’ll go over all that with you and at the end, I’ll even give you five companies to watch, so you know what to look for when you consider investing in tech stocks.
Dear Penny Stock Millionaire, We both know about buying and selling stocks. That’s easy. But Saturday I told you about another way to trade: short selling. I gave you an overview about what short selling is, and whether or not it’s something you might want to try. Today, I’ve broken the “how to” for shorting...
Dear Penny Stock Millionaire, Stocks on the stock market move in two directions: up and down. When a stock’s price increases, sellers make money by selling at the higher price. That’s called buying and selling stock. However, there’s another way to trade: short selling. If you know how to short a stock, you expand the...