Trade smart!
Trading is hard. If you are making even just 5% on a
trade you are doing amazing in my personal opinion I'm sure many are
thinking, "wow, I can make a fortune doing this, I mean look at these
stock going through the roof". The fact is the phenomenon that has
recently happened in pot stocks, shippers, and a few other themes is
extremely rare and takes even more extreme skill to find and play them
properly. It only takes one trade to blow up your account. Imagine buying at
the top only to ...find the next day the stock gaps down dramatically on news
that its not valued anywhere near where it was trading at. This can be any
type of news that sends the masses into a panic and you risk being the last
to exit. So use caution.. Trade smart, conservatively, only risk what you are
comfortable to lose, for you will lose a lot!, and take a profit when you
have it. Don't be greedy. When these recent themes are over, money will once
again be difficult to make.
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