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Weak

Trading Tip #12 - Have Fun

I hope that you have gained valuable insight to the markets with the "12 Days of Trading Tips" and can use some of the tips to help make 2016 your best year ever.

12 Days of Trading Tips Day 12

With that said, here's the last tip: Have fun!

Trading stocks can be complicated, intimidating at first and of course, stressful. But if you do your research and plan, it will be fun.

Have a safe and happy holiday season and a Merry Christmas.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Join MarketClub with this Special Holiday Offer.

Trading Tip #11 - The Magic Hour

Do not buy at the market open. There is always a pop at the market open which fades away in the first hour or so.

12 Days of Trading Tips Day 11

The best time to buy a stock is about 45 minutes to an hour into the market and late in the afternoon, or as I like to call it, "Magic Hour" which is after 3 pm EST before the market closes.

On the flip side, the best time to sell is at the market open or about 1 pm EST, right after lunch.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Join MarketClub with this Special Holiday Offer.

Trading Tip #10 - Avoid The Hot Tip

Don't buy the Hot Tip.

12 Days of Trading Tips Day 10

How many times have you bought the hot tip, the next hot stock, or your friend's stock tip, only to lose all of your investment capital?

Trust me, it's happened to all of us. Remember, stick to your plan and research.

After all, you know what works for you, right?

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Join MarketClub with this Special Holiday Offer.

Trading Tip #9 - Money Management

Use smart Money Management.

12 Days of Trading Tips Day 9

The biggest reason traders quit trading is from incurring huge losses due to poor money management. Use stops, they are there to help you.

There are several different stop loss strategies and they can all be quite effective. Take some time, do your research and see what type fits your trading style best.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Join MarketClub with this Special Holiday Offer.

Trading Tip #8 - Let Your Profits Run

Let your profits run.

12 Days of Trading Tips Day 8

Letting your profits run is tough mentally and often leads to traders closing out trades too early. It feels risky, but once you understand that trying to protect every penny of your profit prevents you from making a bigger profit, you will be on the road to success.

Don't sell on fear and impatience. Remember your plan.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Join MarketClub with this Special Holiday Offer.

Trading Tip #7 - Market Timing

Don't try to buy the bottom or sell the top. It's incredibly hard to time the market.

12 Days of Trading Tips Day 7

How many times have you sold at what you thought was the top only to see the market head higher? And conversely, bought at what you thought was the bottom only to see the market erode further? Instead, focus on hitting that middle 80% of the trade.

It's OK to give up a little bit at the beginning and end of the trade to make a profit.

After all, a profit is a profit.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Join MarketClub with this Special Holiday Offer..

Trading Tip #6 - Think Percentages VS. Number Of Shares

Think percentages vs. number of shares.

12 Days of Trading Tips Day 6

As you build your portfolio of stocks, concentrate on the percentage of your overall portfolio you want to invest and don't focus on the number of shares.

For example, one of the biggest mistakes novice investors make is buying 50, 75 or 100 shares of a stock. Instead, take your overall portfolio value and divide it evenly into percentages and then purchase your investments according to this plan.

Remember tip #5? It's easier to diversify using percentages.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Join MarketClub with this Special Holiday Offer..

Trading Tip #5 - Diversification

Diversify Your Portfolio: Diversification is key to your long-term success.

12 Days of Trading Tips Day 5

I'm sure you've heard the expression, "Don't put all of your eggs in one basket" (one of those market cliches). It's great advice, the last thing you want to do is lock all of your capital into one market or sector. This will provide you and your portfolio protection from a catastrophic event in a single sector.

Do you have a diversified portfolio? Not sure? You can use the following list of markets as a starting point to check your portfolio. Are you invested in stocks, bonds, mutual funds, ETFs and private equity assets?

The end of the year is a great time to sit back, look at your investments and make sure that you are diversified and protected.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Join MarketClub with this Special Holiday Offer..

Trading Tip #4 - Practice Makes Perfect

Practice Makes Perfect: After you've studied and developed a plan it's time to practice. 12 Days of Trading Tips Day 4

Paper trading is a tool for new and old traders alike, much like an athlete practicing their trade is crucial to their success. Practicing allows you to learn and tweak your trading strategy without losing real money. Much like online education, there are a bunch of paper trading websites out there and some even have games tied to them.

Most brokers have this function built in as well. If you've watched financial TV as of late, I'm sure you've seen the newest commercial by one of the big online brokers touting this very feature to gain new customers. That should tell you how powerful practicing is.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Join MarketClub with this Special Holiday Offer..

Trading Tip #3 - Market Cliches

Market Cliches: Learn and memorize those market cliches. They may be repeated a lot by websites, brokers and the like, but they do hold some value in their lessons.12 Days of Trading Tips Day 3

Let's talk about my favorite cliche: "The trend is your friend."

One might argue that the most important tip to successful trading is to stick with the trend as much as possible. I'm not sure who said it first, but they clearly knew the secret to making money in the markets. Any trader worth their salt will tell you that, It's easier to make money trading with the trend vs. trading against the trend.

It's something to think about next time your researching that next great trade. Am I going with the flow or not?

Here are a few more of my favorites:

"When in doubt, get out."

"Don't try to catch a falling knife."

"Sell in May and go away."

"Buy the rumor and sell the news."

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Join MarketClub with this Special Holiday Offer..

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