Traders and investors are very different beasts; sure, both are looking for profit, but they go about it in very different ways and each path has a very different route to success.
For the investor it is about time; there are numerous different methods to investing but the more time the easier it is. So start today, not tomorrow.
For the trader it is about risk and discipline; know your risk, manage it well and always be disciplined. Know when you'll buy, when you'll sell and when you'll sit on your hands and do nothing.
If you are a trader and an investor always be very clear on which path you're taking for a particular stock when you are buying. Why you buy it will define when you sell it.
In the past week we uploaded the video Simon's Lazy Trading System and it is already hugely popular (including our largest live audience ever). The system is simple and designed for trading indices end of day, with or without gearing. In short it’s an everyman's (or woman's) trading system.
In the week ahead we have another live webcast from Warren Peacock on Wednesday at 13h00 - Four Important Candlestick Patterns. There are literally thousands of different candlestick patterns but Warren is focusing on the four he considers most important.
Coming up
Wednesday 9th May at 1pm - Four Important Candlestick Patterns
Wednesday 16th May at 8pm - Traders Setup
Thursday 24th May at 8pm - Other Relative Valuation Models
Recent uploads
Simon's Lazy Trading System
Real live FX trading strategies
Valuations EV/EBITDA Model (case study - FBR)
Money tip
What is your net worth? Do you have a net worth or is it a case of a net debt? A personal balance sheet is critical; otherwise you have no chance of ever being on top of your finances. But fear not, help is at hand in the form of a 100 second tip - Your Personal Balance Sheet.
All the best
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