START TRADING 101 | Lesson 8 Are you ready for your first trade? 🙂 You should be! But the first trades are like everything that we do the for the first time. We are not sure if it will work and we tend to worry a lot and be a bit scared. First bike ride… first time...
START TRADING 101 | Lesson 7 Congratulations for having come this far! Your trading system should be ready for making your first trades – but now you will need an account with a brokerage firm to do so. 15 years back that was not as easy as it is today, so consider...
START TRADING 101 | Lesson 6 In the last lesson, I said that this lesson is the most important lesson of all… So welcome to risk management or the lesson about how to minimize your trading risks. This is also commonly known as money management. I already talked a lot...
START TRADING 101 | Lesson 5 First of all, congratulations on making it this far! You should have finished 4 lessons by now… you passed hump day 🙂 Lesson 5 is probably the second most important lesson – it’s about how to take profits from your trades (quick hint:...
START TRADING 101 | Lesson 4 Some lessons in life need to be learned the hard way to stick. Maybe you know the saying: children only realize that the stove is hot once they touch it and get burnt – no parental guidance could be as effective as making that painful...
START TRADING 101 | Lesson 3 There are 5,700 publicly traded companies in the U.S. alone, as well as thousands of mutual funds and ETFs (Exchange Traded Funds). Add to that stocks that are traded on other countries’ exchanges and you have easily ten thousand choices...
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