|Manimal||# Posted on October 26, 2013 at 6:44 pm|
@patrickparish, The #1 piece of stock trading advice is… DON’T listen too much to stock trading advice.
But the general basic advice holds true. From there on, you’re on your own, it’s trial and error.
Set up a budget, a ceiling to stop you from losing too much money if you make bad investments. Keep it on a separate account if you can.
And always remember that failure is in the eye of the beholder. A mistake, a bad investment… is really just a lesson in my opinion. A lesson that is sometimes expensive, but then again it could be worth it.