yuriythebest
Recruit
- Messages
- 1
Right, Greetings to everyone at Forex Peace Army! I am but a humble Ukrainian with a yearly income of 1000$ per month, which allows me to save about 400$ per month if I so choose.
I want to play it safe - I know many people lost money on the "casino" style of trading (constantly buying/selling depending on stock fluctuations), what I did was different- I want to be the "long term boring trader".
As such, for now I've invested 700$ and divided it among stocks that have been on a stable rise for the past 5 years (google, mastercard, visa, sandisk, TRV), and I only plan to make decisions to buy/sell once every six months to a year, since everything less is "noise" on that timescale. Am I on the right track? Are there things I should be aware of? Thanks in advance.
I want to play it safe - I know many people lost money on the "casino" style of trading (constantly buying/selling depending on stock fluctuations), what I did was different- I want to be the "long term boring trader".
As such, for now I've invested 700$ and divided it among stocks that have been on a stable rise for the past 5 years (google, mastercard, visa, sandisk, TRV), and I only plan to make decisions to buy/sell once every six months to a year, since everything less is "noise" on that timescale. Am I on the right track? Are there things I should be aware of? Thanks in advance.