One of the common difficulties in investing for dummies is how to pick a stock. This can be a very straight forward decision if the beginner just follows so-called “stock tips” from his friends. Unfortunately, majority of this stock picking method will lead a beginner to two situation; either sell the stock with price lower than cost or hold the stock for many years.

To minimize the risk of the investment, it is highly recommended to follow the guidance in trading courses. Click here to discover how to find good stock trading courses. Below are basic steps for beginners as reference in picking high performance stocks. Read the rest of this entry

Many people know the strategy of “buy low sell high in the stock market”. Unfortunately, there are a lot of people lose tons of money just based on this strategy. This is due to they are easy to make decision when to buy but facing difficulty to determine when is the right timing to sell.

The most common situation is that those investors buy more stocks instead of stock selling when the stock price is increasing. As a result, most of them are lost money as selling price lower than buying price.

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Majority of investors, especially beginner, lose simply out of ignorance. They do trading base on tips from friends, financial news, or even hunches. They are lack of experience to define specific stock risk and do not set profit objective before stock picking. Some of them become loser due to lost control of emotions. This article reveals success approach of investing for dummies: Read the rest of this entry