Thursday, September 15, 2022

Seven lessons to learn as an investor

SABR investment lessons:
  1. Put together a check list as an investor
  2. Put some selling price when the price is lower; What is desired price to sell?
  3. Always think about how to control loss amount - risk control
  4. Do one more thing to learn how to control loss - down trend - cut loss early 15% downtrend, cut loss at 5%, and get back in 15% loss price
  5. Do one more thing to learn how to sell with gain - when to make a purchase, setup an order for sale - what is desired price to sell?
  6. Always learn something - read a book about investment, and also learn from others
  7. Write down what I can do - a note to myself, and an order to sell, an order to purchase
  8. Do not let stock market up-and-down affect my daily life, work and study
  9. Try to make plans - talk about plans to myself
  10. Always take advantage of bear market - learn to take risk when price is low. 
  11. Control time to look up accounts. Take two steps to make decisions to sell 
  12. Learn to wait a week or two for another purchase after sell
  13. Learn to be patient, and understand the work of staying outside the market, and getting-in the market
  14. Learn to work hard - diversification

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