The Truth About Trading

When is the best time to take profits when trading stocks? Timing the exit is one of the most difficult tasks for traders, and most people exit either too early or too late and leave profits on the table. In this episode, you'll learn my favorite stock market profit taking strategy.

What is the meaning of the bid and ask price when trading stocks? Here's the "Bid and Ask Price" explained: What is the bid and ask? Why is the bid and ask price so different? What happens when bid and ask are far apart? What is a normal bid/ask spread? Should I buy at bid or ask price? Can you buy stock for less than ask price?

A solid trading plan is the cornerstone of your trading business. Many traders think that all they need is a trading strategy. This is NOT the case! A solid trading plan is the cornerstone of your trading business. Let me explain the difference between a trading plan vs trading strategy, and how to create a successful trading plan.

Have you ever been jealous when you saw somebody with a really nice car? Or when you walked into somebody’s house and it was big… and so clean? And did you secretly judge them by saying to yourself: “Oh, he must be compensating for something by driving this car.” Or “No wonder her house is so clean… she probably has nothing better to do than cleaning the house all day.” If you have, you’re not alone! But why do we do this? Isn’t it a bad thing to be so judgmental?

Millionaires and billionaires think differently. In this episode, we are going to talk about a millionaire habit #1: Take 100 Percent Responsibility For Your Life. This is part of our series "Millionaire Habits You Should Be Doing Now"

Is it really possible to make money with stocks? How to start trading stocks online? Here is a step-by-step guide (2019 Version) on how to get started trading stocks.

When trading, you will see the term "Open P&L", which means "Open Profit and Loss" But what exactly does this mean? And should you pay attention to it? Why do you need it? Listen to this episode and find out.

Paper Trading Simulator - Does it make sense to use it? Of course, there is a difference between trading stocks live and with real money or using a paper trading simulator. In this episode, you will learn the differences between paper trading and live trading, what is the best paper trading simulator, and where to get it.

How much can you make from stocks in a month? Is it possible to make a part-time or maybe even a full-time income with trading? In this episode, you will discover how much you can make from stocks.

Do you need a special “trading computer” when trading? And if so, what is the best trading computer? Can you trade from a laptop, or do you need a desktop? We will answer all of these questions and more in this episode.