The very BEST trading advice you have ever had.

[themickey]

Without a doubt the best advice i've ever been given: "you cant lose money if you never sell" - WSB

Here's a stock with a fantastic story, the directors are always optimistic, their annual reports would convince anyone this was a stock to buy & hold for the future.
They've only been listed 4 odd years.
https://www.barchart.com/stocks/quo...&sym=UBN.AX&grid=1&height=500&studyheight=100

 

[Opteronion]

marry a rich person

 

[zghorner]

Why did you even post this at all?

there is a lot to that statement. To buy low and sell high means one should not buy high and then sell low...which is what 90% of the people do in the stock market. They buy the most talked about stock that is setting new highs every day essentially dipping their toe in it a little bit then yank it out after it drops and claim that "the stock market is a scam...ill never fall for that again".

but then again when I think about buy low and sell high who's to say that todays high isn't tomorrows low? a company sitting on its 52 week high still might cost twice as much next year.

 

[Opteronion]

there is a lot to that statement. To buy low and sell high means one should not buy high and then sell low...which is what 90% of the people do in the stock market. They buy the most talked about stock that is setting new highs every day essentially dipping their toe in it a little bit then yank it out after it drops and claim that "the stock market is a scam...ill never fall for that again".

but then again when I think about buy low and sell high who's to say that todays high isn't tomorrows low? a company sitting on its 52 week high still might cost twice as much next year.

yeah and i am 99% short seller, so i sell high and buy low.

 

[Opteronion]

the best advice are not about setups etc they are about psychology and mastering ones self

 

[zghorner]

marry a rich person

"you can marry more money in 15 minutes than you can earn in a lifetime"

 

[Opteronion]

yeah and the best way to get to a million dollars is to start with 2 million

 

[Mifar]

Mike is my mentor for teaching me about the basics and technical aspects of trading. He once advised me not to think at any stage that I know all about the forex market. I took this advise deeply and now after three years I still feel as a learner. Thanks!

 

[maxinger]

" you cant lose money if you never sell" - WSB
quoted from @zghorner

" You can't earn money if you never sell " - maxinger

 

[maxinger]

marry a rich person

or marry a successful trader.