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Investigate the different investments you have available to you. Make THE BEST investment you can: Invest THE TIME to educate yourself. Once you have that knowledge, no one can ever take it away. In the beginning "newbie" traders & investors DO NOT INVEST any money. It probably won't be long when you'll feel you're ready to invest your hard-earned money. Before taking that step, you really should do research about what you are investing in. You should LEARN HOW: A] the Stock Market works. B] to invest in many, many various ways. C] to properly trade D] Properly manage the money in your trading account. "Newbie" investors & traders ALWAYS make mistakes. In fact, throughout a person's trading, he/she makes mistakes. In the beginning, you READ & LEARN about the market & how it works: Read "Investing for Dummies" As you read & do research about the investments you are interested in, sometimes you'll come across a financial or investment term you never heard before. Use an on-line investing site or an investment dictionary. There are also free sites where you can set up a virtual account & almost trade as though you were trading with real money. A SIMPLER WAY TO TRADE:
This is what I learned about the stock market and trading:
1] I read a little about the overall market and how it works. I read about different aspects: mutual funds, currency, commodities, stocks and options.
2] I asked Qs of my coaches and mentors; suggestions were made to me.
3] THEN I read and studied about those areas which interested me.
4] I concentrated on those areas which interested me and which fit the amount we had to work with.
5A] For those strategies I felt comfortable with, I developed trading rules. For those strategies I didn't know anything about, I developed some trading rules.
5B] I discovered I only needed trading rules for 4 to 6 trading strategies.
6] Using those rules, I paper traded.
7] When trades went against me - when I lost money - I adjusted or "tweaked" those rules for that strategy.
8] I paper traded - again and some more.
9] I made further adjustments.
10] The actual trading account was opened:
As a speculator, with margin, with the approval to trade options.
What else can I help you with?
What criteria should be considered when selecting a peer-reviewed journals list for academic research purposes?
When selecting a peer-reviewed journals list for academic research, consider factors such as the journal's reputation in the field, the rigor of its peer review process, its impact factor, relevance to your research topic, and the credibility of the authors who publish in it.
What is a barren field?
It is a field with no crops that is empty of all life.
What are the key components to consider when selecting a topic for a BA thesis?
When selecting a topic for a BA thesis, consider the following key components: relevance to your field of study, feasibility in terms of available resources and time, originality or uniqueness of the topic, and personal interest or passion for the subject matter.
What are the criteria for selecting top-tier publications in the field of academic research?
The criteria for selecting top-tier publications in academic research typically include factors such as peer review by experts in the field, impact factor, reputation of the journal or publisher, relevance and originality of the research, and adherence to ethical standards.
What are the best practices for selecting reputable journals for paper publication?
When selecting reputable journals for paper publication, it is important to consider factors such as the journal's impact factor, peer review process, editorial board members, publication frequency, and indexing in reputable databases. It is also advisable to seek recommendations from colleagues and mentors in your field and to carefully read the journal's guidelines and previous publications to ensure alignment with your research.
What is the vocabulary word you use when crops are picked from a field?
Harvesting is the term used when crops are picked from a field.
What is barren field?
It is a field with no crops that is empty of all life.
What has the author I C Onwueme written?
I. C. Onwueme has written: 'Field crop production in tropical Africa' -- subject(s): Field crops, Tropical crops 'Tropical root and tuber crops' -- subject(s): Tropical crops, Tuber crops, Root crops
What is A large area where crops are grown called?
A large area where crops are grown is called a farm or a field.
What are the factors to consider in selecting suitable garden site?
Critical factors to consider during this planning exercise are summarised as follows: - Availability and quality of irrigation water; - Field selection; - Mechanical actions to be implemented; - Chemical needs for pre-plant soil improvement; - Tools and equipment needed for date cultivation; - Labour needs; - Irrigation design and installation; - Leaching schedule; - Hole preparation; - Financial requirements and - Time schedule.
What factors should I consider when deciding whether I should do a postdoc?
When deciding whether to do a postdoc, consider factors such as your career goals, the field's job market demand, the potential for skill development, networking opportunities, and the impact on work-life balance.
What can a farmer do with a tractor?
He can plow his field, and get his crops.
