How to Become a Successful Stock Market Trader and Avoid being a Pig
Channel: Trent Grinkmeyer - Stock Market Investor
Date: 2021-03-04

How to not lose money in stocks is critical to successful investing. Why do people lose money in the stock market?  They get greedy…piggy! How to be a successful investor has more to do with taking profits then picking stocks.  Who said hogs get eaten, pigs get slaughtered?  This describes many traders.  The biggest lesson all investors eventually learn is not to overstay your welcome in an investment.  At some point it makes sense to get out of the investment or at least take profits off the table and preserve capital.   

With recent market volatility spiking, trimming your positions should be apart of your investment process.  In this video I talk about building an investment process.  One of the key factors is taking profits at the top of a run up, rather then taking loses at the bottom of a correction or stock market crash.  Risk managing your investment portfolio is key to consistent returns.  One what to do this is to run trailing stop loss orders on each of your trades.  As your stock investment goes higher, your trailing stop lose trails up.  This prevents from loosing your gains.  Having risk management process is key in today’s markets.  

Haven been through a number of stock market crashes, I’ve learned that taking profits feels a lot better then taking loses.  But what about taxes?  I’d rather pay taxes then have stock market loses.  Don’t be a Pig. Do not be one of those who had money in your hand and then lost it to the stock market gods!  


My Website: www.trentretirement.com 
Connect with me on Facebook: @taglivingloud 
Grinkmeyer Leonard Financial website: www.grinkmeyerleonard.com  
Contact Info: Email: trent@grinkmeyerleonard.com 

What I’m Reading:
• The(Mis)Behavior of Markets by Benoit Mandelbrot https://amzn.to/3nch1FI
• The Accidental Superpower: The Next Generation of American Preeminence and the Coming Global Disorder by Peter Zeihan https://amzn.to/3ncgKTc
• Your Next Five Moves: Master the Art of Business Strategy by Patrick Bet-David: https://amzn.to/3hDhGiz
Greenlights by Matthew McConaughey:  https://amzn.to/2KNj2vb

Film Equipment
Canon EOS M50: https://amzn.to/2Lj40wI
Neewer Ring Light Kit:18"/48cm Outer 55W 5500K Dimmable LED Ring Light, Light Stand, Carrying Bag for Camera, Smartphone:  https://amzn.to/38XzY9Z
Canon EOS M50 Battery: https://amzn.to/3889KCz

The content of this video is provided as educational information only and is not intended to provide investment or other advice. This material is not to be construed as a recommendation or solicitation to buy or sell any security, financial product, instrument, or to participate in any particular trading strategy. 

This video was prepared by Trent Grinkmeyer in my own personal capacity. The opinions expressed in this video are my own and do not reflect the view of Grinkmeyer Leonard Financial.