Click here >> Lesson 3 Plan Your Exit Before You Start

If you start a journey, it’s pretty important to know where you’re going. Imagine jumping in a taxi and not knowing where you’re going. It’s not ideal. But when it comes to trading that’s exactly what 90% of investors do. They jump on a trade and have no idea where it will take them. They don’t even know where they’d like to go. For most it’s a case of ‘hopefully it goes up anRead More…

Click here >> Lesson 4 We all Trade Every Day

Trading happens everywhere, from multi-billion-dollar hedge funds down to the local villagers playing cards for a few rupees. Gambling is addictive for a reason and whilst there is a clear disconnect between investing and gambling, there are more similarities than differences. Gambling is seen as recreational but the logic behind it is exactly the same. When you have good information and an Read More…

Click here >> Lesson 5 An Aerial View of Your Portfolio

If you have limited time, resources and money, which of course you do (as does everybody else) then you have to pay close attention to where you are spending them. If you are focussing your efforts and capital on fixing the ‘small’ things, then you will get a proportionate ‘small’ benefit. If I have a £500k portfolio split between 50 companies invested at £10k each, and I ignore 49 ofRead More…