Ill be restarting my video series, this is the redo of the basic intro to the stock market. I cover some very basic concepts here like understand stock charts.
More videos and advanced topics to come!
Why is that shark fin going after my umbrella again? Great advice on the need to investigate/invest in companies you know are successful firsthand. No need to buy Nokia on the "dip" because you think it'll bounce back and then call your friends on your i-Phone to brag about how smart you are . Full disclosure, I did buy some Nokia right before their launch but sold it the day after the launch when I heard they had some data issues, lost about 15% but it could have been a lot worse if I wanted to ride it out. There is a point there too, as most people will feel trapped into these things after they fall with the thought process that well hell I already lost some money, i might as well ride it out now. Not sound thinking, cut your loses like I did, and then I took that money and invested that particular amount into QQQ. End result is that I broke even in that trade pending tomorrow and this week's version of Mr Toad's Wild Ride, whereas if I would have stayed in NOK, I would have lost a whole helluva lot more money. Good trading.