Trading a Business?
Have you ever think of “ Trading as a Business ”? The idea of this book is quite good, a successful businesses generate more cash than it consumes, so do the trading. Chinese say, In every crisis, there's an opportunity ! However, the very first thing is having a trading plan – the strategies to make money, minimize the risk and increase profit! “No one plan to fail, but fail to Plan!” Always start with small amount, practice make perfect. Don't afraid to make mistake, as every mistake will give new experience. The experience gain will enhance in your future plan. Most important is admit the mistake done, if you buy a stock, but the share price go down, cut lost first! Stop investing if you are in doubt where's the direction now! Don't let the mistake become bigger! I like the quote from Warren Buffet, “There's only 2 rules to make money in stock market, first, never lose your money. Second, never forget the first rules. Trading is not speculat