Article

Ten Tips To Succeed In The Stock Market

Written by Dr. Steven Lee (Ph.D)

Topic: Strategic PlanningPublished November 4, 2008
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1. Cut your losses. Let your profits run.
Always remember to stop at ‘stop loss’ point.

2. Learn from your losses.
Make each loss a lesson to enrich your investment experience.

3. Don’t be greedy.
People always turn their huge profits into losses because of greediness.

4. Never leverage when in a losing position.
A lot of people try to leverage when in a losing position. It is not a skilful idea.

5. Observing.
Standing aside is a good idea when you cannot judge the changing directions.

6. New mindset to beat the market.
Nowadays, making fast money is the new market trend and long term trading is already obsolete.

7. Discipline and patience is the key to win.
If unsure of market reversal, don't chase when it is high.

8. Apply only a few strategies to suit different stocks.
Using too many strategies will confuse you.

9. Narrow down your focus.
Do not focuses on too many stocks at one go. Limit to 6-7 counters.

10. Find a good mentor.
A good mentor is the golden key to your investment success.
Have a nice day.
Dr. Steven Lee (Ph.D)
http://www.DrStevenLee.com n#1 Best-Selling Author of Creating Wealth in Stock Marketn

Article author

About the Author

Author: Dr. Steven Lee (Ph.D) is the creator of “Power System” and also the author of two books on how to invest in stock market. There is "Creating Wealth in Stock Market" and "The Magic Idea of Getting Rich". Free e-book "Money Fish" # 1 Best-Selling Author of Creating Wealth in Stock Market Your New Way to Become a Millionaire Website: www.DrStevenLee.com / www.RichmanWorld.com

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