31sec snip

Chat With Traders cover image

272: Erik Smolinski - Marine Corps Discipline Crushes the Markets

Chat With Traders

NOTE

How to Trade for Profit

Begin trading by focusing on what you already know and understand. Identifying opportunities through acquaintances can provide valuable insights; personal connections might highlight successful stocks, like in the case of Paychex. Start with long equities based on these reliable sources of information, even if you initially lack in-depth knowledge about the company. This approach lays a solid foundation for trading and allows for informed decision-making based on familiarities.

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