Tip 1: Have an open mind… there is more than one way to make money in the stock market.
Tip 2: Stay away from the news and media when trading. They only discuss hype and what’s hot – but it will make you inconsistent.
Tip 3: Master the art of trading first – then go bigger… you can always increase your share size later once you are consistent.
Tip 4: Your success is up to you… you have to do the homework, you have to create your own risk and reward strategy
Tip 5: People have different views… some look at the longer time frames, others look at the shorter time frames. And I’m not talking about charts – I’m talking about world views and future outlooks.
Tip 6: Study longer charts time-frames and learn to understand vega when it comes to options.
Tip 7: there is more to life than just money. Live for a higher purpose and use stock trading as a tool.
#tradingtips #tipsfortraders #stocktrader #stockmarket #stockstips
Posted at: https://tradersfly.com/blog/7-tips-to-being-a-better-stock-trader/
? GET MY FREEBIES
? SUBMIT A VOICE QUESTION
? START HERE: FOR NEW TRADERS
? START HERE: OPTION TRADERS
? MY CHARTING TOOLS + BROKERS
? MY COMPUTER EQUIPMENT
? GET THE NEWSLETTER
? SEE OUR MEMBERSHIP PLANS
https://tradersfly.com/go/members/
? STOCK TRADING COURSES
? STOCK TRADING BOOKS:
⚽ GET PRIVATE COACHING
? WEBSITES:
? SOCIAL MEDIA:
https://tradersfly.com/go/twitter/
https://tradersfly.com/go/facebook/
⚡ SUBSCRIBE TO OUR YOUTUBE CHANNEL
https://tradersfly.com/go/sub/
? MY YOUTUBE CHANNELS:
TradersFly: https://backstageincome.com/go/youtube-tradersfly/
BackstageIncome: https://backstageincome.com/go/youtube-bsi/
MyLittleNestEgg: https://mylittlenestegg.com/go/youtube/
? ABOUT TRADERSFLY
TradersFly is a place where I enjoy sharing my knowledge and experience about the stock market, trading, and investing.
Stock trading can be a brutal industry, especially if you are new. Watch my free educational training videos to avoid making big mistakes and just to continue to get better.
Stock trading and investing is a long journey – it doesn’t happen overnight. If you are interested to share some insight or contribute to the community we’d love to have you subscribe and join us!