I am always tempted to trade and also I see many courses out there on trading and saying that they have earn so much from trading. I never sign up for any of them but there is always a temptation.
should i go and attend trading course and start trading again which I have made huge losses before, or do the AK way, be patient, be pragmatic , be prudent? ie just do income investing?
Hi,
There are different ways to make money in the stock market.
We just have to find a way that we are good at, a way that suits our temperament.
You should know yourself best. ;)
Best wishes,
AK
Please see related posts below.
Related posts:
1. Trading to put food on table.
2. Trading for extra money.
3. Find our own way to be richer.
Will suggest you think about what you learned from your losses.
ReplyDeleteSpeaking from personal experience, the reasons could be:
1. Position sizing relative to total portfolio - Check out Kelly criterion
2. Cutting loss too late
3. Not having a Plan of entry and exit
4. Personal problems
5. Not understanding yourself
6. Not enough knowledge