The 6 Elements of All Trading Online
Alpesh B Patel OBE
Asset Management. Great Investments Programme. 18 Books, Bloomberg TV alum & FT Columnist, BBC Paper Reviewer; Fmr Visiting Fellow, Oxford Uni. Multi-TEDx. UK Govt Dealmaker. alpeshpatel.com/links Proud son of NHS nurse.
S-E-L-M-M-A
All trading coming down to:
stops - where do you put them, how do you account for volatility?
entries - how do you find them
limit (take profits) - should you cap profits? why?
money management - how much you should put into each trade
mind - how do you control indecision and stress
add - when do you add to winning positions and losing ones (never)
Also - are we trying to see the future (no).
Why trading around news is 'gambling'
In this video snippet I explain it in more detail.