Ep 135: Who Should NOT Trade Stocks or Actively Invest in the Market

Trading vs Gambling Episode: http://tradersfly.com/2017/04/ep-131-gambling-vs-trading/

★ SUMMARY ★
In this video you will learn who should not trade stocks and if you have some qualities where you should take a step back and not actively invest. You will also gain some key qualities on how to be self-aware.

Being aware in trading is important. You need an education that could help you understand the basics before you start trading like basic computer skills.

Posted at: http://tradersfly.com/2017/05/ep-135-who-should-not-trade-stocks/

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28 COMMENTS

  1. ok i like the info here but the gambling part have you seen a casino break it down to house odds vrs stock odds
    1 compare slots to penny stocks odds are you lose
    smaller stock listing to carnival games like let it ride and carribian stud poker odds are house wins some to most ur money
    mid stocks to say craps could go either way
    but blue chip stocks we always need like hydro and gas and food to a card counter on blackjack who is there for the long haul odds are you win there ie study lots and plan a exit strat learn the game or the stock and play it for the long run

  2. Another great video. I amazed the skill you have to teach. Patience is something I'm working on. Everyone comment how I have great patience, but I know it's a skill I need to improve for trading. Everyone is different, but I believe patience is one of the  most important skills a trader/investor needs. Not just picking stock, but learning as well. It takes time to prep yourself. Have been studying for years, but have a ways to go. Thank you for creating these videos. I know a lot of people are benefiting from them. Have a great day.

  3. Hey thanks for this video! I definitely need to work on patience but you mentioned some people out there trading that don't even know how to minimize a browser window and now I'm shook… shout out to critical thinking skills tho!

  4. You are spot on, Sasha. It's not only money side of trading risk to manage but also some technical skills too. (i.e. computing skills) It can cause a huge loss sometimes.

    For example, one of my trading platforms is web based one, and a few weeks ago, I wanted to close one of my positions but my strike price wasn't available on the drop down list to choose.

    So, I cleared my web browser cache then re-opened it. Thankfully, it fixed the issue.

    On the next day, I called the support desk to enquire the issue that I experienced.

    The tech support told me that the platform uses Adobe Flash plug-in and some reasons it didn't refresh the strike price components at the background.

    From his comments, I realized that I installed an Adblock plug-in on my web browser on that day, and it occurs to me that it was potentially causing the issue.

    Well, luckily, I happened to know "how to clear the web browser cache". However, if I didn't… well… I don't want to think about it! ?

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