Are you Thinking of investing in the stock market? Here are 10 principles to help guide your approach to the market from a long-term point of view. Each principal embodies a fundamental concept every investor should understand: 1.Sell the losers and let the winners ride! What is the one mistake most investors make - they hold onto a stock where they have loses waiting for … [Read more...]
Paper Trading: Testing Investment Strategies
Paper trading (sometimes also called "virtual stock trading") is a simulated trading process in which would-be investors can 'practice' investing without committing real money. This is done by the manipulation of imaginary money and investment positions that behave in a manner similar to the real markets. Before the widespread use of online trading for the general public, … [Read more...]