Finance Articles |
Stop Parking Domain Names Develop Your Domain Names |
||||||||
Keep Stock Market Investment Profits
Have you had one of those huge investment winners – a stock that went from $2.00 to $80.00? Or any other numbers you want that gave you a gigantic percent profit? Did you take the profit or did you watch the equity drop back down to what you paid for it? I hope you sold and kept the money. That's what it is all about. So many times when I was a broker I have seen customers make large profits and then think they were omniscient about trading and within a short period give back what they had made. As a brokerage company owner I had seasoned brokers do the sane thing. One of my men made $150,000 in a short time. I called to congratulate his performance and suggested he take a vacation from trading for a while. He said, "No, Al, I know what I am doing". The very next month he lost $155,000. What happened? Listen carefully as I am going to tell you one of the great truisms not found in the trading training manuals. If you are doing any trading whether in stocks, mutual funds, real estate, currencies, whatever, this applies. Print this out, frame it and put it up on your office wall. "Making a lot of money is just as upsetting to your mind as losing a lot of money". A big score destabilizes thinking. Many people want to do it again and again so they immediately plunge back into their investments with their winning cash and make bigger bets. It is almost without exception that they become losers and give back their winnings. For many years I have advocated taking time off after a big profit. It takes time to get your head on straight again. As a former floor trader I would have about 6 or 8 times during the year when I made a good "hit". Then I would immediately call my travel agent to ask where I could go for a week. I knew I must get away because my investment strategy would be clouded by success. Too many of the big winners seem to alter their basic trading plan because they now had a large amount with which to trade causing them to deviate from their successful pattern. They then became losers. Because of their success their thinking changed and they were not aware of what had happened. The trader must get away and let his emotions down. A disturbing event, even a positive one, can alter up your thinking. If you want to keep your investment profits you must keep your emotions under control. Al Thomas' best selling book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter at http://www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know. Copyright 2005
Other Article Sites findabook.com moneycd.info a-mortgage.info
about-lemon-laws.info aboutstudentloans.info |
Mortgage Cover Is Reliable Protection For most Brits, a house is the most important investment they will make during a lifetime, both from a financial perspective, and a lifestyle perspective It makes sense, then, that people would do everything they can, within practical terms, to protect this investment
With the Sharp Increase of Mortgage Applications, csimortgage.com Advises Buyers to Study the Different Loans Available
Can A Bad Credit Refinance Mortgage Loan Save Your Home?
A Review Of The Amerisave Marketing Mortgage Network
Quantum Develops Artificial Intelligence Tutoring Software for Accounting
2nd Mortgage Loan After Bankruptcy - Get Approved Online
New Mortgage Rules Protect Consumers, Risk Removing Credit, Housser Says
The First Web 2.0 Search Engine Optimization Index Ever Released - Changes the Fundamentals of Competitive Search Ranking by Accounting For The Web 2.
How do I know what is the best Second Mortgage Home Loan for me?
Golf Travel Bags – Choose Wisely to Protect Your Investment
Locally-Owned Destiny Lending Partners with Academy Mortgage; Firm's New Relationship Brings More Mortgage Options to Clients
Commercial Finance Needs The Advice Of A Specialist Broker
Foreclosure Listing Site Sees More Opportunities for Investment in Colorado
Property Investment - Is It Right For You?
Take Charge ? Check Out Flexible Mortgage Deals
|
||||||||
| Develop Your Domain Names | Site Map | Home | |||||||||