is 20 percent a year possible, page-37

  1. 548 Posts.
    Here is a start:

    -Diversify - (you could make 100% a year and lose it all to a scam 15yrs from now).
    -hire the right people to help you.Brokers,accountants etal
    -read
    -learn about fundamentals more than charting. They always win in the end :-)
    -learn how to survive bear markets
    -put 40-50% of people on hotcopper on ignore - ive been in this business since tech days and met a lot of traders along the way and can tell you that a lot of them lose more than they win and what they have won are flukes to be lost in the future.
    -identify the good posters - tip- they arnt the ones with quantity on their mind and the good ones are always respectful on this forum- they also usually dont trade full time but professionals in their areas of business.
    -learn that if it looks like a bubble and smells like a bubble then it is one. (commodities not yet).
    -Learn that gold is money and not a normal commodity.
    -learn that money is not easily made, and those that profess they are good at it, probably arnt.
    -know that every fool makes money in a bull market.
    -when it comes to money- no-one is your friend.
    -Learn about history. :-)
    -Accept critisism and dont shoot your mouth off when u receive it.
    -Keep success to yourself and dont put others less fortunate than you down.

    all the best
 
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