Researching is the most useful and important thing to do when trading in anything. Pay attention to market trends. The best way to beat the market is to know the market. Great research is the key to consistent success in the market. Outside sources like your broker, news, TV etc. are great sources of information, but it all comes down to you. Your own personal information is more valuable than any other resource.
How to Keep from Losing Money After You Make It.
Losing money right after you make it is a horrible feeling. With the volatility of the market, it's easy to see a stock jump one week and then drop the next. If you don't decide to sell after a stock is up in anticipation that it will continue to increase, a simple way to secure your gains is by setting up a trailing stop. A trailing stop is a stop whose price you raise as your profits grow. This will help you lock in any gains you make.
How to Invest in Businesses
Every business has factors which are knowable, unknowable, important, and unimportant. Invest in businesses for which the important factors are knowable.
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