Ten Tips to Succeed in Stock Market

Ten Tips to Succeed in Stock MarketnBy Dr. Steven Lee (Ph.D)nnn1. Cut your losses. Let your profit run. nAlways remember to set stop loss point. nn2. Learn from your losses. nMake each loss as a lesson to enrich your investment experience. nn3. Don’t be greedy. nPeople always turn their large profits into losses because of greedy. nn4. Never leverage in a losing position. nMost of people try to leverage in losing position. It’s a BAD idea. nn5. Observing. nStanding aside is a good idea when you cannot judge which the coming direction is. nn6. New mindset to beat the market. nNowadays, fast money is the new market trend, long term trading already out dated. nn7. Discipline and patience is the key to win. nDon't chase high if you are not sure when will the market reverse. nn8. Apply only few strategies to suit different stocks. nUsing too many strategies will make you confuse. nn9. Narrow down your focus. nDo not try to focus on too many stocks at once. Limit to 6-7 counters. nn10. Find a good mentor. nA good mentor is the golden key to your investment success. nnnHave a nice day. nnDr. Steven Lee (Ph.D)nhttp://www.DrStevenLee.comn#1 Best-Selling Author of Creating Wealth in Stock Market nnAuthor: Dr. Steven Lee (Ph.D) is the creator of “Power System” and also the author of two books on how to invest in stock market. There is "Creating Wealth in Stock Market" and "The Magic Idea of Getting Rich". Free e-book "Money Fish" n# 1 Best-Selling Author of Creating Wealth in Stock MarketnYour New Way to Become a Millionaire nWebsite: http://www.DrStevenLee.com