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While it does not happen to me too often anymore as a day trader, I found myself in a cold streak. At the time of this video, I had experience five losing days in a row… five! I’m not sure how that is even possible. You would have to try pretty hard to have five days in a row where you are losing money on your stock day trades. That is where I found myself though. A massive cold streak that was in motion and that needed to be fought against. Whenever we as day traders enter into cold streaks or periods of time in our trading where things just are “feeling shaky”, it is a dangerous spot to be. The desire to say, “the heck with it! let’s go big!” is a very real thing. Day traders can be very ambitious and competitive people which is a nasty combination for cold streaks. While I am by no means a perfect day trader (obviously, I lost five days in a row! ha!), I can say that I would highly recommend you at least consider the tactic I used in this video to fight against my cold streak. No worries, there is no theory here as I will be using my own personal day trading results that I was able to capture on video. Let me show you what I mean…
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Top Five Rules For Investing In Gold
Gold is a precious metal used throughout history to purchase objects, food or services. Nowadays coins are no longer made of gold or precious metals, but gold still keeps its value. It is always a good idea to be the owner of a certain amount of gold.What Is The Best Way To Invest In Gold?
The best way to invest nowadays is indeed in the gold market. But what are the best ways to invest in gold? First of all you have to figure out what you expect to get from this. There are roughly two types of investors: the ones who want to put their money in something really safe and earn profit on the long term, and those who purchase gold coins for their portfolio, the numismatic collectors.Biggest Gold Coin Auction
There are many gold auctions held regularly around the world. This includes coins, bars, futures and more. However, only one can lay claim to the biggest gold coin auction. Yet, there are many things to know about gold first.Gold Bullion Vs Coins – Optimize Your Investment Strategy
Novice prospective buyers usually have trouble to grasp the basic distinction between gold bullion vs coins, making their investment a risky decision. Without understanding what the difference between gold bullion and coins is, you may be putting your money in a wrong kind of gold.Few Investment Tips On The Gold
Throughout the human history, gold has had a special place. Its scarcity and the unique properties resulted in every culture of the world using it as a currency and also a easy way to “store” the value. Though gold has lost its importance as a currency, still investments in gold provide you with a good way to save your hard earned money apart from the portfolio diversification.
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