Most of the us might already know this quote but what does it really mean.
Well #patience of not liquidating our winning positions📈 too quickly is the key aspect of #trading , if we cut our winning positions and keep Our losing positions in hopes of their recovery we are bound to lose in the long run.
Another time when we need patience in #stockmarket is by letting market come to us rather than we go to the market.Some are 'Market Makers' and some are 'Market Takers'
We need to be a #marketmaker in order to succeed, what it means is that we must wait for market to be in the situation that we want before opening any positions
Comment below 👇if you agree and keep following for more such content
Which company's growth/lack of growth surprised you? Here is a breakdown of how much $1000 worth of stock would be worth today if purchased 5 years ago. 🤔
13 1654 hours ago
Did you know Microsoft is the most valuable company on the public market? Microsoft is currently worth around $1.06 trillion. To put that into perspective, I made this post to show how Microsoft is worth more than all of the other companies I included, combined.
95 2,25514 August, 2019
Not the usual setup, currently in Italy for the week.
Away from distractions so I can focus on working on my trading.
It's a bit difficult since I have no wifi and the hotspot doesn't work very well but I guess those are the perks of being in the middle of nowhere 😂
Huge shoutout to @falcontradingguidance for the repost ❤️ Go check them out, they're the best in the game and have helped me massively since the beginning and keep helping me in my journey 🦅
617 1,10515 August, 2019
Kevin O'Leary , or more famously "Mr.Wonderful" from shark tank shares with us his top 10 dividend stocks.
He picks his stocks off 3 simple rules;
First, they must be quality companies with strong financial performance and solid balance sheets.
Second, he believes a portfolio should be diversified across different market sectors.
Third, and perhaps most important, he demands income—he insists the stocks he invests in pay dividends to shareholders.