I want to share 7 key tips on how to trade better and how to take your trading to the next level to make you think a little differently.
Have an Open Mind
Have an open mind when you're trading. There isn't just one way to make money in the stock market. Many people think you just buy low and sell high. This is the technical mentality, but that's the speculative version of trading. Understand there's more than that. You can sell things short (meaning you sell high and buy it back low), but of course this is a more intermediate concept…
There's also forex, commodities, and options. With options you can trade so many ways: option spreads from iron condors, to butterflies, to calendar spreads which are some of the things I like to do with my own retirement account.