Money Making Tip: Copy successful trades !

in #money8 years ago

You can copy trades of successful stock traders - search online ;) - there are lots of sites offering that option. Again you have to apply defensive strategy, but chances are - you will make more than the regular %5 - %10 per year return on investment...

Follow me and subscribe to my blog as will post lots of tips on how to make easy money, money out of nothing, money from home etc. - all useful tips. You can improve your finances by easing your way towards the wealth - one step at a time !
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I am a trader. This is not very good advice. Investing/trading carries a lot of risk, and even experienced traders screw the pooch BADLY. Look at Bill Ackman and VRX (Valeant Pharmaceuticals).
I am not saying that following a trader where they explain what they are doing in the trade, Entry, exit, risk, stoploss, Is a bad idea.

Emotions can kill a trade, and an emotional person can lose more than they ever imagined. Trading is a lot like gambling as well. If you have an addictive personality I suggest against trading. There is just so much risk on in this scenario.
Investing right now would be bad as we are on the precipice of a correction... even if this was invalidated overnight, there is still more to come. My timeline is August/Sept.
But enough of my going on and on.
Good Luck To You

Chris

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