The Top 5 Ways to Become a Better Investor

1. Top 5 Ways to Become a Better Investor

2. When markets are riddled with volatility, tried-and-true actions can help investors boost their chances for long-term success. https://www.fierceinvestor.com/the-top-5-ways-to-become-a-better-investor/

3. Step No. 1 – Have Stop Losses in Place

4. All of a sudden, your favorite small cap stock is falling out of the sky. What do you do? Do you sell? Do you hold? We get caught up in the mad rush of herd mentality. One of those plans must involve what’s known as the trailing stop loss – the very exit strategy that removes all emotion from the trade. If your stop is hit, you’re out automatically. There’s no second-guessing. If your stock pushes higher, the trailing stop resets higher, too, never triggering until it plummets. Or protect the gains I have without emotion? I’d choose the latter with a -10% trailing stop, for example, which means if the stock now pulls back 10% from current prices, I’m automatically stopped out, no questions asked. https://www.fierceinvestor.com/the-top-5-ways-to-become-a-better-investor/

5. Know your exit strategy, and your money management strategy, including stop losses and trailing stop losses. Never risk money you cannot afford to lose.. Step No. 2 – Have a Plan

6. I tend to search for investment ideas in small-cap stocks. That’s because most are insulated from geopolitical issues, such as trade war fears. Remember, small caps have much less exposure to international headaches than companies in the S&P 500. Step No. 3 — Know Where the Best Profit Opportunities Are

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