7 Tips to Being a Better Stock Trader (and More Successful)

★ SUMMARY ★
7 Tips to Being a Better and More Successful Stock Trader. Get more tips at http://tradersfly.com

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 whats 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 – im 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.

Posted at: http://tradersfly.com/2013/11/7-tips-better-stock-trader-successful/

★ SHARE THIS VIDEO ★

★ SUBSCRIBE TO MY YOUTUBE: ★
http://bit.ly/addtradersfly

★ 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 large mistakes and to just 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!

FREE 15 DAY TRIAL TO THE CRITICAL CHARTS
— http://bit.ly/charts15

GET THE NEWSLETTER
— http://bit.ly/stocknewsletter

STOCK TRADING COURSES:
— http://tradersfly.com/courses/

STOCK TRADING BOOKS:
— http://tradersfly.com/books/

WEBSITES:
— http://rise2learn.com
— http://criticalcharts.com
— http://investinghelpdesk.com
— http://tradersfly.com
— http://backstageincome.com
— http://sashaevdakov.com

SOCIAL MEDIA:
— http://twitter.com/criticalcharts/
— http://facebook.com/criticalcharts/

MY YOUTUBE CHANNELS:
— TradersFly: http://bit.ly/tradersfly
— BackstageIncome: http://bit.ly/backstageincome

source

27 COMMENTS

  1. I bought this stock EDXC it is a penny stock Pharmaceuticals marijuana and I bought it January 19th at 7 cents. What's up to $0.32 I put my whole retirement into it have you ever heard of it check it out let me know huge fan

  2. Yes I too have made the error of holding onto a stock longer than I should have. I kept thinking that the price would go up and I could sell this "momentarily dead stock" and make a profit. But I watch the charts and all I see is the price getting lower 🙁  So I thought I will place a limit quote on this stock and even tho' I'll lose alittle bit of money, at least I won't lose it all. Of course.. with research I have begun to prevent this from occurring too often. Thanks Sasha for all of your videos teaching us about how to be a better trader. Oh.. I just signed up for your free course and I am excited to learn more. Altho' I do watch a lot of training videos I have learned that what you say is so true.  Building our own individual strategies is key to becoming a better trader. Research is key to being a more successful trader also. Happy Trading! 🙂

  3. Can I just ask if learning trading requires a financial adviser to learn some of the important things or financial consultant like a pro. Someone just said it to me so that I don't waste my ? in the market but but can't afford that in order to pay a professional financial investor whatever you call it

  4. Awesome video, I think it would be helpful for every new traders. Trader has to understand the trading process first. Then they have to make sure the broker which always ensures few regular trading facilities. For example security of funds, fast execution process, active customer services, easy withdrawal system, low transaction cost, free demo trading and lowest trading spreads etc. I am getting all this mentioned facilities from ECNCAPITAL. Also this broker is suitable for all types of trading strategies.

LEAVE A REPLY

Please enter your comment!
Please enter your name here