Posts Tagged trading responsibility

Beware of a Trading tip

Beware of a Trading tip

What I mean by this is people who give you a tip to buy or sell something. It may work out  (afterall, there's a 50% chance it will go up or down so there's half a chance you may make money) but in the long term you will lose money! Why do I say this? I say this because as a trader or investor you need to be responsible for your own trading decisions. Should you lose, it's too easy to blame someone else for the loss. Psychologically, you've given yourself a way out and not taken responsibili

October 28, 2011 1 Comment Full Story