With so much going on in your life every day, it can be difficult just to find the time to trade, let alone plan your trades. When you do, how can you decide what to trade? Pundits such as Kramer and his ilk always are going on about the latest hot stock. You could just blindly listen to them. …or maybe you could just trade stocks of companies you like. Put your money behind companies that do what you consider good work.
Trading is an expansive enterprise that’s been around for quite some time. With anything so complex and aged as trading, there’s bound to be general beliefs and advice that crop up. Some are solid: Don’t fight the Fed by trading contrary to what they’re doing. Trade the trend of the chart, not your hunches. There are no old, bold traders as there’s no real reason to take on excessive risk when trading for the long term.
Other beliefs and advice is incorrect, or at least incomplete. Mutual funds are safe. Trading is hard. It takes a lot of time to trade. These statements and others have wormed their way into some traders’ thinking, and Trading Justice is setting out to undo these incorrect assumptions and beliefs.
Join Matt and Tim as they assess ten different trading myths and deconstruct them point by point as to how they’re incorrect. From trading only being for men to the market being unbeatable, this isn’t an episode to miss.
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- You can download the list of trading myths for yourself right here: download link