Know Finance Well |Joy Ghosh| eToro's @joyghosh100
@finance_wellPopular Investor at @etoro
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“If you change the way you look at things, the things you look at change.” - Dr. Wayne Dyer
“We don’t have to be smarter than the rest. We have to be more disciplined than the rest.” ― Warren Buffett
“Live life as if everything is rigged in your favor.” - Rumi
The hardest part of the trading journey is the first 2 years. For myself, It was overwhelming thinking about how to actually grow a small account. In the beginning, I thought I needed to trade every day and make a set amount to be a “successful” day trader. I quickly found out…
“Generally, I think it’s quite smart to identify some investors you regard as very skilled, carefully examine everything they’re buying, and copy what you please.” — Charlie Munger
"Figure out what you don't want and avoid it, and you'll get what you do want." — Charlie Munger
🚨 NOVEMBER GIVEAWAY 🚨 It’s that time of the month again! Five lucky winners will get a shot at a 10K Challenge with FunderPro! 💰🔥 Here’s how to enter: 1️⃣ Follow @FunderPro 2️⃣ Tag 2 friends in the comments 3️⃣ Share this post to your story Don’t miss your chance to kickstart…
Now is one of the stronger times of the year for stocks.
In general, I always buy full position for each day trade. I don't scale in. For selling I will scale out most of the time. I never average down on a losing position. It's a recipe for disaster. It can work 80% of the time but the other 20% will blow up your account.
When entering a new trade, are you scaling into your full position or just going full from the start? Same with your exits, scaling out or just selling all?
How I would make my first $100K in profit If i had to start all over again. 👇 1. I would identify the highest probability setups that work 80% of the time and FOCUS on high liquidity, sector leading stocks. 2. I would work at least 1 other job to take pressure off making…
“It is not the mountain we conquer, but ourselves.” — Sir Edmund Hillary
"Each year Buffett is asked what’s the main difference between himself and the average investor, and he answers: 'Patience.'" — N. Sleep
“When the why gets stronger, the how gets easier.” — Jim Rohn
How Elon Musk is so effective:
"One thing we've learned is, if it's clear that something is a mistake, is to fix it quickly. It doesn't get better while you wait." — Charlie Munger
Most people don't understand why Warren Buffett keeps buying Sirius XM and Occidental Petroleum But most investors don't understand the dividends received deduction (DRD) Here's why Berkshire keeps buying:
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Jasvxr
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gatocongafas
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AaronPYS.eth ⭕️ BAYC #3338 🍌
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