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Latest revision as of 22:58, 23 May 2014

I have a glass jar with a lid of the http://news.goldgrey.org/category/precious-metals/ sort one typically uses in the kitchen. I have it in a different room and I call it my penny jar. At various times in my life I have used it to save for different things. I just started a penny jar again. I want to save pennies and use them for two different goals.

Many who smoke, drink and overeat usually spend all the extra change they have when craving their addiction. Putting all that loose change in a coin jar instead will add up quicker than one thinks!

And they're certainly not the ones you want to get stock trading education from. Professional traders recommend risking a maximum of 1-2% of your account. For a $10,000 account, that would be $100-200. That means you would need to set your stop loss (never trade without a stop loss) in a position that limits your loss to a maximum of $100-200. Good money management keeps your risk consistently low.



These tips are very basic, though a lot of traders (even professional ones) tend to overlook them. When it comes to the stock picking itself, a good idea may be to invest in a stock picking system based on technical analysis.

Here are some important advice for you to earn cash with day trading. If you can apply these properly you can make some significant money trading stocks online.

Investing in Gold is the ultimate alternative to investing in stocks. Gold is a commodity that has been sought after for centuries and with it carries an automatic since of wealth. Throughout history, the possession of gold as an asset has the same affect and appeal no matter what country or part of the world you are from.

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The easiest and probably the most robust way to learn trading is to learn trading systems. All good traders use systems which is really nothing but a set of rules for picking stocks, entering trades and exiting them again. Systems allow you to take your emotions out of the trading and it allows you to be more scientific with your trading. Its really important that you learn and master as many trading systems as possible because for every market condition there is a system that can help you succeed even when the sky is falling.