How do you lose everything in the stock market?
27
Apr
Posted by: admin in: Investing
SallyDude asked: I’ve tried winning at the stock market, and so far it hadn’t worked. So I figured if I found out how to lose money then NOT do it, that might work!
So, how do you lose everything in the stock market?
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3 Responses
thethingzuneed
30|Apr|2009 1collectible webkinz
you lose everything buy trying to buy in or sell too late in the trend….eg, the market is goin up like crazy, so you buy.
Meanwhile, all of the huge players are picking that day to unload all of their positions so they can cash out their profits.
This commonly happens with stocks that are being promoted. The promoters are hoping a bunch of suckers will buy in on the hype, so their shares can double, and then then quickly sell everything.
If you get emails telling you how great a company is from investment gurus telling you its time to BUY….its really time to sell.’
PSF11
02|May|2009 2wordpress review plugin
Placing money in a stock just to see if you *win* is about the equivalent of going to Vegas– except no show and a drink. The way to “invest” in the market is to put money in diverse stocks, over a long period of time and gain from the likely growing of the economy. If you think it’s a crap table– take your money to a crap table and you’ll do just as well. Learn before wasting.
*****EDIT*********
I have made tens of thousands of dollars in the stock market over the years by spreading money over many stocks. I never thought of it as a horse racing window bet. It’s called patience and “dollar cost averaging”.
A nobody
03|May|2009 3trade silver
I can’t tell you how to loose in the market because I don’t.
To be a good trader/investor you need
1 - A written sound trading/investment plan with rules that will not only help you but more importantly protect you, mostly from yourself.
2 - Sufficient trading/investment capital. Use your own money, there’s no need to go into debt so that you trade/invest.
3 - A written money management program in place. Remember never invest 100% of your capital into any one security and never have 100% of your capital invested.
4 – A full and complete understanding of the rules & regulations of the industry.
If you don’t have all of the above, you’ll always be a looser.
Remember you don’t have to be right 100% of the time, just 60% and you can make a very good living.
It’s not always about making money, it’s also about protecting what you have.
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