| If you're looking for stock market investment tips | | | | to be greedy, it is only one trade, you'll make many |
| keep reading because today I am going to give you | | | | more so relax. One trade should not make or break |
| my top 5 tips. Here are my top 5 stock market | | | | your performance for the day. So don't be greedy. |
| investment tips. | | | | · Your biggest loser can't exceed your biggest |
| · The market pays you to be disciplined - Trading | | | | winner - Keep a log of all your trades for the session. |
| with discipline is an absolute must, it will allow you to | | | | Take note of your biggest winner and do not allow a |
| put more money into your pocket than you take | | | | losing trade to exceed it. If you do allow a loss to |
| you. At the end of the day the one constant truth | | | | exceed your biggest gain then effectively what you |
| concerning the markets is discipline = money. | | | | have is a net loss of the two trades. Not a good |
| · Always lower your trade size when you're trading | | | | idea. |
| poorly - All good traders follow this rule. If you have | | | | · Develop a methodology and stick with it, don't |
| two losing trades in a row lower your trade size | | | | change methodologies from day to day - Write down |
| down to a one lot. If your next two trades are | | | | the specific market prerequisites that must take |
| profitable, then move your trade size back up to | | | | place in order for you to make a trade. It doesn't |
| what it was originally. | | | | necessarily matter what the methodology is but it is |
| · Never turn a winner into a loser - I am sure that | | | | important that you have a set of rules, market |
| you have made this mistake before. What we are | | | | setups or price action that must appear in order for |
| really talking about here is greed. The market | | | | you to make the trade. You must have a game plan. |
| rewards you by moving in the direction of your | | | | If you have a proven methodology but it doesn't |
| position, you hold on in hopes of making a larger gain | | | | seem to be working in a trading session don't go |
| only to watch the market turn against you. Of you | | | | home that night and try to devise another one. If |
| course you now hesitate and the trade further | | | | your methodology works more than one-half of the |
| deteriorates into a substantial loss. There is no need | | | | time stick with it. |