What it takes to win at trading.
zephirex.com administrators last edited by zephirex.com
In case you're interested in getting into trading.
One simple trick I've learned in making trades is that you will first need to make all of the mistakes yourself and see how (while trying) you make the wrong choices, and figure out what those mistakes are, this may seem counter intuitive yet it applies to all businesses.
If you can't handle the heat; then stay out of the kitchen
This famous proverb explains how we must first learn to take the heat, this means taking a certain level of risk - preferably one that is within your budget, this is the cost of dealing with the uncomfortable situation of potentially losing all of your of your investment (and by no means is it good to lose money). No one is comfortable with the idea of this, but until you are comfortable with taking increasingly greater risks, you cannot use your capital as leverage to create a wealth of knowledge.
That being said, the point of this article is to help new and beginner-level investors to monitor their investments, preferably a manageable few are a great start, ideally of course you want to keep it diverse (with two or more investments) yet manageable.