| There is nothing like waking up each morning when | | | | $5/trade you can make more money on your trades |
| you want to and making more money than from | | | | than you can imagine. |
| when you had a real job. | | | | 2. Use Stop Loss Orders - The most important tip |
| There is complete financial and geographical freedom | | | | you need to use is to keep your losses small by |
| when you can work from a computer. Day trading | | | | using stop loss orders. Since many of the picks will |
| has changed my life and it can change yours as well. | | | | lose money you can protect your capital. There is no |
| There is no complicated formula to succeeding at | | | | fast and easy rule for what percent of loss is |
| trading stocks, it comes down to knowing the basics | | | | acceptable however a 10-20% loss would be fine. A |
| of trading protecting your capital from big losses and | | | | stop loss order is a preset order that will sell your |
| most importantly your stock picks. | | | | stock automatically once it drops a predetermined |
| The steps I am about to show you when managed | | | | percentage that you set. It is the number most |
| properly can work for anyone from the novice with | | | | important rule to follow when trading stocks. |
| no experience to the expert. | | | | 3. Let The Winners Ride - The key to making the big |
| 1. Keep Your Trading Fees Low - Few investors | | | | money is in letting your winners run. You might |
| realize that their largest fixed expense will be the | | | | average about 1-2 out of 10 stocks that take off |
| cost per trade. Since you will be making many trades | | | | and this is all it takes to become wealthy. It is not |
| the fees will eat up a lot of profit if your paying too | | | | uncommon for a 10 cent stock to run up to a few |
| much. | | | | dollars a share in a few days. |
| Many discount brokers like sogotrade and tradeking | | | | These tips may seem basic but they are the key to |
| charge less than $5/trade. If you pay no more than | | | | making big money and creating wealth from home. |