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Do this: put your money in a stock, then for the rest of the year don’t ever look at your account or learn what’s happening in the stock market. What do you think your account will look like after the years up?

Think you’ll be a millionaire?

Here’s what’s really going to happen… If you are lucky, you’ll have some gains. If you are struck with bad luck, you’ll lose most of your money. Continue reading ‘Stock Trading Tip – Pay Attention’ »

Here’s how to blow up your trading account: Buy up on as many different stocks as you can until you run out of funds. Only impatient desperate greedy little investors will put their money in jeopardy with such a gamble.

It’s impossible to watch and manage multiple stocks at the same time. One stock in your portfolio goes up and you don’t worry about it. But that successful stock may distract you from taking corrective action on another stock you should disown because the lost from it neutralized all your winning stocks’ profits. Continue reading ‘Stock Trading Tip – Don’t Over Trade’ »