George Polizogopoulos's blog

Here is a technique I use in my share or forex trading every so often that the trade doesn't go in the direction I want it to. And you didn't get out in time for any amount of reasons. So I present to you the technique of how to repair your trading position. This technique takes guts, confidence and guile. You are basically doubling up in the hope of raising the break even point of your original trade.

Quite a few people have asked me why the public can't buy stock direct from the issuing company? Why does it have to be done through a stock broker?

Basically companies create stock to raise capital for their business to reinvest into a project or plan. So the shares they create exist in the market for the public to trade - buy and sell. When the company wishes to raise more capital it may decide to issue more shares. So the number of shares on issue are limited in number.

The market is always right. If you are a practicing professional trader that phrase has probably been run past you a few times already. But we always need a reminder. No one is perfect. We all make mistakes, its part of being human. Trying to take revenge on the market for blowing a large chunk of your trading float is normal. In the course of your share trading you may have held on too long to a stock or too short. The thing is we can never pick out the tops and bottoms. We are only there for the ride. We hitch a ride on the trendline and get off once the trend has finished.

It's so easy to fall victim to information overload. It's happening to me at the moment. So many emails, broker recommendations, news, sales emails from those tipster firms like Fat Prophets, Australian Stock Report, intelligent investor... ARGH! get them off my back PLEASE!

ARGH! Information overload! Next I get my daily report from the Australasian Investment Review... and then a few hours later I get their weekly report. Then I also want to catch up on my reading of new trading books that I've bought as well as review those of old... So much information - so little time.