PODCAST: Five Trading Pitfalls to Avoid

Five Trading Pitfalls to Avoid

PODCAST: Five Trading Pitfalls to Avoid
Welcome to this week’s edition of Follow the Money Radio! In this week’s broadcast, trading coach Jerry Robinson provides a highly valuable lesson on potential trading hazards that can devour your profits. Also, Tom Cloud reports on recent news in gold and silver. Subscribe on iTunes | Download

Segment 1: Don’t let pitfalls steal your profits!

Segment begins at 04:00

As the markets roar higher into new territory, even the most timid investors have been enticed to get in on the action. Navigating wisely in unknown terrain can greatly increase the probability of your success, as Jerry explains in this excerpt from one of our recent trader coaching calls, Five Trading Pitfalls to Avoid.

  • A lack of trading capital can bring misery to active traders
  • Penny stocks and excessive speculation rarely bring success
  • Trading without a plan and trading rules is a recipe for failure
  • “Averaging down” is like trying to catch a falling knife
  • An unhealthy fear of trading options can cost you profits

Recommended Links
My Personal Risk Management Strategy for Stock Trading
PODCAST: Trading with Candlestick Charts 101
PODCAST: Five Trading Rules for Swing Traders
PODCAST: A Simple Introduction to the Stock Market
PODCAST: How to Follow the “Smart” Money
PODCAST: Insider Peek: Track the Trends with our Weekend Briefing
Options Trading 101: Why Trade Options?
Options Trading University


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Segment 2: The Precious Metals Market Update

Segment begins at 34:45
Tom Cloud

With over 40 years of market experience, precious metals expert Tom Cloud brings us his perspective of what lies ahead for gold and silver. Topics include:

  • Palladium leads metals with +22.5% gain YTD!
  • Why is China so interested in Dubai's new gold-backed currency?
  • Will silver buying opportunities vanish from the market?
  • Gold is "cheap" in America (relatively speaking)
  • Why gold and silver should be in every portfolio

Request your free Gold Investors Kit now

Call 800-247-2812 now for the best prices on gold and silver coins and receive Free Shipping & Insurance when you mention FTMDaily.

Segment 3: The Final Word

Segment begins at 47:25

Jerry closes out today's show with a powerfully tender example of the selflessness that Jesus calls all of His followers to embrace, and a reminder of the childlike faith that is required to enter the Kingdom of heaven.

Recommended Links
The Holy Bible - John 15:13

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