Over the past couple of years, the share trading has become more and more accessible mainly with online trading. The demographic of people trading has most certainly widen. But Most of those investors buy shares and hold them.
However, when there is a market crash in just a small amount of time those that have been holding the stock and only know how to trade in one direction have unfortunately see shocking results as the investors keep insisting to keep holding on, not really having an exit strategy.
But, it’s amazing how a number of people still jump straight into the markets. They do not even start up getting educated about the markets. Just buy and hold, sometimes I wonder if they know if it’s the right time to buy. They just hope that the “magic” stock will just go up and up and usually panic when things don’t go their way.
Traders around the world practice different trading strategies, however I think most would agree that losses should be kept small and you should let your profits run!
If you had a chat with an experienced trader, for example Australian Investment Education’s MD Andrew Baxter. He will tell you that choosing shares to buy might not be as important as managing the shares once you enter the markets. Unfortunately, some traders enter the markets based on rumours, and tips from friends, which is really not at all better than punting!
If you want to succeed in any aspect of life, coaches or mentors are there to help you access your full potential and assist you along the way. Trading is no different. A trading coach helps you successfully identify your strengths and weaknesses, helps prepare your strategies, leads by example as well as helps you earn while you learn.
In share trading, although you can learn the strategies, and sensibility yourself, but it will definitely take a long time to get you to attain the level of being constantly profitable. Trading coaches at Australian Investment Education have years of experience, which could shorten the time required for you to learn and be potentially be successful.
Rather than doing your own thing, you can learn from other traders mistakes and success by adding their experiences and knowledge to your own personal skills. Also, Australian Investment Education’s coaches can identify and point out issues or habits which are holding your trading back and you might not even be aware of.
Australian Investment Education reviews and investment reports that are published weekly are a good source of comprehensive trading knowledge. If you wish to move in the right direction, you can start by attending one of the online training hosted by Andrew Baxter!!!
Successfully Making Money with Share Trading & Investing