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In my last live day trading video, I made 1 trade and lost $125. While that’s never fun, it’s part of being a day trader. The stock market offers zero guarantees and because of this, you need to always keep in mind the importance of managing risk. It can be extremely difficult in the heat of the moment to keep perspective, but as a beginner day trader, you must remember that “tomorrow is a new day”. Meaning, when you control risk and ensure the numbers do not spin out of control, you give yourself a very realistic chance to make back the loses, and then some. Like the last live day trading video, I once again only made one trade. This entire process lasted around 13 minutes and the question becomes, “did I make money?” Was I able to regain the $125 that I had lost previously? I really hope that this video can inspire and motivate those of you who are just getting started in the online world of day trading to realize the importance of risk management. Keep your risks under control and all it takes is a single trade to get things turned around!
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Investing in Gold – Offering Stability and Financial Security
There are different moves you can make involving your finances. You can spend your money, save your money, and invest your money. There are many good reasons for investing your money.
What Gold Coins Do Investors Prefer?These days, gold coins are one of the most popular investments in the world. That is because the material that they are made out has a constantly high value and is even said to constitute a hedge against inflation and other types of economical crisis.
Getting What You Want With Cash in Your GoldWhat can you buy with gold? Definitely, you can’t use gold nowadays to buy prime commodities such as food, clothing, medicine, etc unless you turn them into cash. There is cash in your gold and you can buy a lot of things that you want.
The Two Safest Ways to Invest in GoldHere are the two simplest and safest ways to invest in gold. They cover investing in gold for profit, and investing in gold as an investment insurance move.
Selling Gold Coins – Hedging Your Gold InvestmentsSelling gold coins is currently on an extremely fast pace. Those who have held tightly to their gold investments are beginning to see the fruits of their efforts. For those selling gold coins, they may be premature in cashing out.
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