Thursday, May 28, 2009

To Be a Smart Trader

Have u think when is the right time to entry the stock market? or are u fear to entry the stock market. Why 90% of ppls lose in the stock market? Once u have facing these problems, sure u will not entry it.....For me, That` wrong.Why?

First u must know the market trend,whether now is uptrend or downtrend. Once u know the trend, u will minimize the loss ..or else u will gain from the market.

There have quite a lot of ppls facing the problems:
1) short-term: when the trend is down, ppl felt now is the megasale now start to buy the cheap stock then he will keep a lot of stocks without knowing the trend is down....Then What it.........
Facing: Once the trend keep down,ppl will felt never mind, maybe it will going up on tomorrow.Then the next day, the stock drop again, he will felt okay lah,,,,it`s the time to buy more lot to lower down the average prices.
At The End, he will hold quite numbers of the stocks, coz he cannot sell at the point of loss so he maybe want to be board of directors or managing director of this company. U must know how to cut loss or profit taking .Remember don`t be so greedy. Buy Low sell high.........
Remember: To be a smart trader, dont be fear the market, smart to cut loss and profit taking.If not , u will not try to enter the market because of the losing money experience..........

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