Investing in things has happened since man began walking the earth. Since the beginning, investors have made the same mistakes, over and over again. As Verified Investing forces transparency on Wall Street, we see the need for clear, concise rules to help investors excel and profit. These investing tips will help all investors from beginners to advanced.
1. Have A Game Plan For Your Investing
Too many investors start investing without any rules or objectives in mind. This leads to confusion, fear, greed, over trading and eventual stock losses. Instead, before you make your first trade decide on what you wish to invest in? How much money will go into each investment, how much profit you are looking to make and what is your maximum amount you are willing to lose. Literally, write this game plan down. Make sure you decide if you are looking to trade ETF's, stocks, small cap stocks, mid cap stocks or large cap stocks. How many positions are you willing to hold? How much money will you invest in each trade? This is incredibly important because many investors over leverage themselves in one or two trades.
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Published: 01 August 2016
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Written by verifiedInvesting
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Read more: 8 Tips For Making Investing Simple & Maximizing Profit