Be discipline
By OT83  •  February 28, 2012
Did you notice that you always change your buy and sell price very easily because you got influence by something or someone? In the end, you either missed or buy/sell at a bad price.

I used to do that and still have the tendency to do that, but I am trying to change.

Few strategies which I adopt:
  • I know that I cannot be a discipline frequent trader that keep buy and sell. However, I always has to desire to buy and sell to trade/speculation. (bad me!) Thus, I ensure that no more than 10% of my portfolio per trade. This makes me sleep more peaceful at night.
    (My savings and thus investment captial will grow overtime, hence the majority of capital will still be for growth/undervalue stock with decent yield.)
  • Only speculate bluechips. Fast in fast out. Chances of bluechips bankrupt is lower. (for speculation only.)
  • Write down all ...
...
Read the full article
By OT83
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance