For a start, a little episode of the last days and weeks. I have one very good friend – the head of the operational department of a very large bank that is in the TOP-10. And her mother is the director of one of the Moscow branches of Sberbank (so that you understand the scale, the Moscow branch is not a room with 3 tellers and 1 cashier, but a branch serving an entire Moscow district with a population of 1.5 million people). That is such an advanced family of bankers, which should be aware of everything and everything … well, as far as the currency is concerned, that’s for sure!
So, Friday, 12 o’clock in the afternoon … Continue reading
Rule 1: limit your losses
Always put the “foot”. Translated from trading to a common language, this means that in any transaction, even before you do something, you must determine the maximum amount of loss. Even if you buy some stock or another asset (well, for example, gold) with investment objectives for a long term (5-10 years), then you still have to say to yourself: if this share or asset depreciates by more than 20 ( 30 or 50) percent, then you take and sell it and thus fix your loss. And here there is a very strict rule: the first “stop” is the most correct one. And so you can not expose the foot. How it works? Very simple. Continue reading