Money Hungry Service Charges
Aug31

Money Hungry Service Charges

Some of the greatest obstacles to profitable trading are transaction costs. Transaction costs can easily eat, eat, eat away at a trader’s account, especially when starting out with less capital. Some trading methods, such as scalping involve many fast transactions. Before employing such methods, a trader should test these methods out, taking transaction costs into account. Some theories start out with the idea of taking many small...

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Accepting Loss
Jul29

Accepting Loss

  One of the fundamental principals of trading stocks, or anything for that matter, is; you never play with money you cannot afford to lose. You should not be trading money needed for car payments, rent, food, diapers etc. The reason for this is, no matter how sound a system or piece of advice may sound, trades often go against you. Trading money you can afford to lose means that you have money to live, some money saved for a...

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