I am often asked by new traders, “how long should I trade a demo account?”. Which is a great question. Learning to become familiar with the mechanical process of placing trades within a demo account is essential. The danger in trading a demo account for too long is that it does not develop your emotional resilience. This is key to becoming consistently profitable. I have witnessed firsthand, new traders who become one of the […]
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5 Money Habits to Build Wealth
Five Money Habits you need to adopt right now to take back control and start building wealth for you and your family.
Read moreShould Investors be Preparing for a Recession?
A Recession occurs when the economy contracts over a 6 month period. Most economists agree that a country has entered a recession if the economy has negative growth over two consecutive quarters. This is usually measured by its Gross Domestic Product (GDP). In the past 6 months, investors have had to deal with high and sustained inflation, rising interest rates, and the fallout from the conflict in Ukraine. And many have also suffered large losses, […]
Read moreHow Much is That Daily Latte Really Costing You?
Do you want to build wealth so that you can become financially secure? Many people start by focusing on learning new ways to invest, which is important. However, the wealth you create is also influenced by what you spend your money on once you have it. Many of us fall into the trap of spending more money as we make more, and so we are not really getting ahead. We all spend money on things […]
Read moreA Simple Way to Make More Money in the Stockmarket
Many investors are afraid to invest in the Stock Market because they believe it is too risky. What they are really saying is that they’re afraid of losing money. For a new investor, this FEAR OF LOSS holds them back from achieving the results they deserve. “You’re Not Alone” I want to reassure you. It’s pretty normal when investing to be concerned with the risks and losing all your money. Especially if you’re a cautious […]
Read moreAre Your Money Beliefs Holding You Back?
Do you believe that having too much money is bad or even worse evil? If so, have you ever stopped to think about where those beliefs came from? In teaching students to trade stocks, I have discovered that many hold limiting beliefs around money. These beliefs prevent them from creating the wealth they truly desire. That’s because our money beliefs subconsciously influence the decisions we make around money each and every day. When an opportunity […]
Read moreAre Rising Interest Rates Bad News for Stocks?
As a Stock investor, it’s important to be aware of the relationship between the economy, interest rates, and Stockmarket performance. This will allow you to make better, more informed decisions about where to invest, anticipate market corrections, and protect your investments. Interest Rates and the Economy The starting point is understanding the economy and how it is performing. That’s because the strength of the economy is the main driver of the level of interest rates. […]
Read moreCall Options for Beginners
If you’re trading a small dollar account, less than $5k, you may be finding it hard to buy expensive stocks like Tesla, Amazon, Apple, or Netflix. If this sounds like you, you may want to consider using Call Options. They will give you the exposure you’re looking for and are cheaper than buying the stock outright. Sound interesting? Let’s take a closer look. What are Call Options? A Call Option gives the buyer the right […]
Read moreAre You Making these Trading & Investing Mistakes?
Are you struggling to become a profitable trader? Do costly mistakes stop you from making more money? If so, you’re not alone. Learning to trade Stocks and Options can be one of the most challenging things you can do. It can also be one of the most rewarding. And when you eliminate these common trading mistakes your results will improve. If you’re new or have been trading for a while, you will likely experience some […]
Read moreOptions Trading for Beginners
Let’s talk about Options. What are they? How do I use them? Are they for me? I first discovered Options following the Global Financial Crisis in late 2008. It was then that I discovered the downside of using Stop Loss orders when stocks gap down in price. They don’t always reduce your losses. Reeling from the emotional pain of large losses, I was determined to bounce back and not suffer again. That’s when I discovered […]
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