I argued for some time now that there is a war on cash. That the government is ushering us to digitise our assets to lock us into the banking system.
The idea is that you focus on a sector or a finite list of stocks. These are stocks that you understand, getting to know how they tick.
Maybe there is a golden financial rule in this. Or maybe not… The market does strange things. It does the unexpected. It confounds.
I’m not revealing a system for winning lotteries. I’m not aware of a strategy that give you an edge. But I can give you an edge in the stock market.
An activity that is considered time-wasting. Just how often do you engage in monkey business? And is it of your own volition, or are you falling prey to it?
When do you sell a winning trade? Take a moment to think this through. This is one of the most crucial questions in share trading.
Investing your money is an incredibly hard game to play. It’s even harder to master. And most people simply won’t ever get near the level of a professional investor.
I’m a believer in big expectations. Setting your sights high can lead to spectacular outcomes. But, when it comes to the markets, be realistic.
The way you dress, the way you eat and drink...even the home you live in...can be as good as any billionaire’s. It’s all entirely within your reach.
Today’s update is about managing risk. I’m going to show you how trade size — and the number of stocks in your portfolio — can affect performance.