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The great thing about day trading and the stock market is you do not have to be right all the time in order to make money. In fact, you can literally be wrong 50% of the time with your trading decisions and still come way with more money! This is why finding a day trading strategy with risk control based rules is so important. Yes, it does require effort and hard work to develop a strategy (as opposed to blindly following someone else); however, in the big picture it is well worth it. It may sound backwards, but if you want to make money long term and in a consistent fashion, you need to get good as losing money and being wrong. As humans we are raised to avoid being wrong at all cost. We believe it is somehow a form of weakness to be wrong, but this kind of attitude is very dangerous in the world of online day trading. Let me show you the power of knowing how to control risk with some of my personal day trading results that I was able to capture on video.
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How to Invest in Silver in Malaysia?
One important lesson that I’ve learnt about investing in silver is this.. It is always easy to buy silver anytime, anywhere. The problem is not in the buying process but it’s the selling process instead. When we buy a piece of precious metal, we are investing for long term for sure. The question is.. Can you still find the company that sold you the silver to sell it back to them years later? Therefore, it is very important for me to purchase silvers which are issued as a country’s legal tender under the respective country’s currency or monetary act.The Gold Rooster Coins
Gold coins may raise the interest of both coin collectors and investors today. While their historical value may vary to some degree, their intrinsic value will always remain quite high. Over the years gold coins were made in different parts of the world.The Best Chinese Gold Coins
Part of the fascination for gold is also the gold coin. Old gold coins found by accident usually trigger true mass hysteria for treasure quests. New coins are often acquired as pieces of bullion. They all were and are a display of power and wealth.Is There Enough Gold For All Of Us?
Over the past few years, significant changes occurred on the worldwide financial arena. Irrespective of the country and its economic situation, the official national and international currencies have taken an unexpected proportion downturn. The dollar, pounds and euro revealed their face value and, implicitly unbalanced all lines of business, branches of industry and, particularly people’s confidence.In What Should We Invest: Gold Coins, Gold Stocks Or Gold Bars?
With the languishing financial situation worldwide, money, stocks and bonds have lost ground in favor of commodities. Large use goods like oil and gas still remain powerful investments opportunities, but, likewise imply greater risks as they are largely conditioned by the socio-economical and Geo-political factors. Under these circumstances, people turn to the genuine value of precious metals and, especially to the world-old trustworthy gold.
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