Title: Top 5 Ways to Become a Better Investor
1Top 5 Ways to Become a Better Investor
2- When markets are riddled with volatility,
tried-and-true actions can help investors boost
their chances for long-term success.
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3Step No. 1 Have Stop Losses in Place
4All of a sudden, your favorite small cap stock is
falling out of the sky. What do you do? Do you
sell? Do you hold? We get caught up in the mad
rush of herd mentality. One of those plans must
involve whats known as the trailing stop loss
the very exit strategy that removes all emotion
from the trade. If your stop is hit, youre out
automatically. Theres no second-guessing. If
your stock pushes higher, the trailing stop
resets higher, too, never triggering until it
plummets. Or protect the gains I have without
emotion? Id choose the latter with a -10
trailing stop, for example, which means if the
stock now pulls back 10 from current prices, Im
automatically stopped out, no questions asked.
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ecome-a-better-investor/
5Step No. 2 Have a Plan
Know your exit strategy, and your money
management strategy, including stop losses and
trailing stop losses. Never risk money you cannot
afford to lose..
6Step No. 3 Know Where the Best Profit
Opportunities Are
I tend to search for investment ideas in
small-cap stocks. Thats because most are
insulated from geopolitical issues, such as trade
war fears. Remember, small caps have much less
exposure to international headaches than
companies in the SP 500.
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