Stock School Video 7: Remember to be consistent when investing

Lars Tvede gives you tips in the Euroinvestor Stock School to improve your investor skills. Part seven is about being honest to your strategy, and identifying good and bad decisions. Lars Tvede highlights the most important errors.

"We use mental boxes, and treat each investment as separate"

  • We try to make money on each trade instead of optimizing the portfolio as a whole.
  • We close our long-term investments after one week if they have a profit and keep the short-term investments if they make any losses.
  • If we have losses on short term investments, we re-name them to "long-term investments".
  • We throw good money after poor investments, and double down to "improve our average buy price" in a declining trend.
  • We hide our losses with related investments instead of cutting losses.
  • We treat each investment isolated and stubbornly keep a loss giving position in hope of a possible positive return.
  • When things turn bad, we focus on how we can trade losses in the existing portfolio to a profit, instead of focusing on what the future optimal portfolio would be.

 

Learn more about investing
You can buy book The Psychology of Finance, by Lars Tvede here

Or see the latest book by Lars Tvede: Super Trends - Winning Investment Strategies for the Coming Decades

 

Click to see more videos from  Euroinvestor Stock School

Front_EN

 

 

Comments

#41 | Tuesday 1 Dec (08:39)
Great quality custom writing services available online! Cheap essays online!Cheap essay help
#42 | Friday 5 Feb (11:33)
Don't miss an excellent opportunity to buy well-written and original academic papers at a fair price! Visit http://buy-custom-essays.net and place your order :)
#43 | Friday 11 Nov (08:52)
Greetings! My friends, I like your site. I like that it offers so many interesting videos and articles to read. I will definitely recommend your site to all my friends. Please keep it good posting. Besides, you may use www.custom-paper-writing.org - best online writing assistant for all your new posts and be sure in their brilliant quality 24/7!
#44 | Monday 22 May (12:03)
Watching the boom currently, in the trading industry most of us want to invest in stocks and shares without even knowing much about this. Lars Tvede was very clear about the investing and shared in detail about how to invest ardbeg uigeadail wisely.

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
19 Apr
 
Et opgør med Finanstilsynet er tvingende nødvendigt, hvis tilliden til markedet ikke skal lægges øde..
28
21 Apr
OMXC25
Som tidligere påvist kan bulls køre hen over hvilken som helt bear. Hvis de altså vil. Det kræver at..
25
15 Apr
OMXC25
Virkelig intelligent indlæg. En masse om at markedet er på vej til nedtur, men sjovt nok ikke så meg..
24
18 Apr
 
LÆS NU FOR HELVEDE NOGEN AF DE 38000 indlæg som siger at børsen er nede!   Det er kraftstejleme da u..
21
19 Apr
BAVA
      Vedr. shortsqeeze mm. og den ekstreme kursmanipulation der dagligt foregår på Nasdaq Kbhvn. T..
19
20 Apr
VWS
Vestas har en ordrerbeholdning større end de nogensinde har haft, og de sendte en næsten færdigjort ..
18
18 Apr
 
Det er en katastrofe ! Hvis det fortsætter ret meget længere er vi allesammen nødt til at gå ud og l..
16
20 Apr
VWS
hvornår kommer analysen?
15
17 Apr
LAUR
An aktie man aldrig skal eje. Ejerne trækker store summer ud, at en virksomhed der kæmper for overle..
14
19 Apr
 
Hej alle,   Jeg lavede et lille indlæg på Stolt-Nielsen for nylig hvor jeg desværre – og det beklage..
13

HSBC Bank Plc : Form 8.5 (EPT/RI) - Lonmin PLC

22/02/2018 10:54:53
FORM 8.5 EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Name of exempt principal trader: HSBC BANK PLC (b) Name of offeror/offeree i..

Rathbone Brothers Plc : Preliminary announcement of 2017 results

22/02/2018 07:00:19
Funds under management up 14.3% to £39.1 billionThis is a preliminary statement of annual results published in accordance with FCA Listing Rule 9.7A. It covers the year ended 31 December 2017. Mark Nicholls, Chairman of Rathbone Brothers Plc, said: "UK and global investment markets performed well in 2017, with some indices reaching record levels towards the end of the year. This outcome has b..

Elliott Capital Advisors, L.P : Form 8.3 - GKN Plc

21/02/2018 15:25:10
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Full name of discloser: Elliott Capital Advisors, L.P. (for itself and related general partners ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
Straus Family Creamery’s Sustainability Programs Signal Pioneering Organic Company’s Continued Innovation
2
We sat down with Canadian millennial entrepreneur, Logan McLellan, to discuss the importance of using social media in modern day business
3
IZEA ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against IZEA, Inc.– IZEA
4
SYNACOR SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Synacor, Inc. - SYNC
5
ERICSSON SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Telefonaktiebolaget LM Ericsson - ERIC

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Euroinvestor A/S 2018   Disclaimer and Terms of Use
Quote information is delivered by Morningstar.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
22 April 2018 03:45:01
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: ReleaseBuild_20180417.1 - EUROWEB3 - 2018-04-22 04:45:01 - 2018-04-22 03:45:01 - 1000 - Website: OKAY