Recently, made some bad trades for a lot of money and been feeling regretful. I got too impulsive and got swayed by dollar signs. Then reality hit the next day and I realized i made a mistake. Was wondering if there are any stock traders here who can relate? What can I do to become a better trader?
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (15)
sorted by:
William J. O'Neil : " How to make money in the stock market" is a great book on how to read charts, look for the best of the best companies, when to buy, when to sale, and how to take profits. It's on ebay for around six bucks with five bucks for shipping. Ten dollars for an out of print book will save you immense amounts of money and frustration. Yes, I have a few stocks which I'm currently holding and I believe they will be profitable in the future. I'm doing exactly what O'Neil preaches not to do, but if I add up my potential losses they will only be a couple of grand. The upside will be anywhere from 200k to a million. It is very hard to buy into someone's time tested stock trading system, but O'Neil brings the receipts and he's the only one I like.