Saturday, February 21, 2009

You may have guessed that intra

You may have guessed that intra-day trading is best for you in
pursuing your goals quickly and aggressively, never to realize that you
are not mentally prepared to take that kind of a stress yet. We are
situated in this part of the world, 12 hours different which means that
you’ll have to stay awake through out the night to trade. All of this
requires a willingness to not only take risks, but also make scarifies to
your family as they will be sleeping when you are awake. Be wise,




making money is important but striking a balance is even more
important especially where your family is concern.

“Don't limit investing to the financial world

“Don't limit investing to the financial world. Invest something
of yourself, and you will be richly rewarded”

– Charles R. Schwab
Know your risk tolerance

This is also the number reasons why people lose money is they get
carried away easily and take unnecessary risk. It is estimated that
90% of the traders lose money in the long run. It is also important to
know what type of financial instruments suits you, your personality
and risk tolerance.

When you begin to learn more and become more experience in your

When you begin to learn more and become more experience in your
trading, you may become curious and want to try out different




strategies or approach to reach your desired goals faster. As it is
important to learn new strategies, remember never try it out with real
money as you may suffer financial losses, speaking from an
experienced point of view. Always use your virtual account to try out
your new stuff. It requires time and money, save your money invest
only your time.