Don't waste your time on stock selection

Please don’t ask me how do I pick up hot stocks? My answer will surprise you coz it is bloody hell boring.

Answer: I don't spend time on selecting the stocks at all. What you need to focus on is risk / money management and different strategy implementation on the same stock.

In the trading game, the most important is psychology, risk management and money management. Stock selection is not that important at all. Sometimes, even Monkey is doing better job than human being.


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