New Year Trading Resolutions and What did you learn Last Year
(2004)
zarif
- 01 Jan 2004 13:16
What did you learn last year,Memorable experiences Good /Bad,Lucky trading escapes and windfalls.What are your trading New Year resolutions,Goals Ventures etc.
Never leave a spread bet on the dow open over the weekend (especially if the US are going to capture their no. 1 terrorist target that weekend).
There may actually be some benefit from understanding technical analysis (i'm still a beginner though)
TA is not enough to invest on (though maybe to trade on) - the fundamentals still need to stack up
You cant hold AIM stocks in an ISA
Never automatically believe opinions on BBs - always DYOR
Beware rampers/derampers
Follow BB posters comments over a period of time before you start to believe them (and still DYOR)
Always expect the markets to do the unexpected! or atleast believe that it can - nothing is ever certain with investing
If theres something you need to know but can't find - post as a question on this BB - there is a wide array of knowledgable people on here and invariably someone will know the answer or at least where to find it - and most will go out of there way to help if they can
What am i going to do this year:
Get Broadband (the order is in)
Better understanding of TA (from a course)
Make sure I attend some of the NW traders nights out
i'm learning even more this year already - one of my holdings is Skyepharma, who have just issued a nice profits warning. i still have strong belief and see this as a buying opportunity, but this could be a bit of a rollercoaster for the next few months!