Liquid Millionaire - isaco

Stephen Sutherland
higher amounts. Th is is the time you will be honing your skill
before you start to commit larger amounts.
• Buy one stock at a time. Do not be tempted to buy more than
one until you get consistent results.
• Create good habits of discipline such as cutting losses quickly,
not buying extended stocks, not investing when the market is
unhealthy, not investing too much money, analysing every trade,
accounting for all your money and documenting your returns
versus the Nasdaq.
• On your fi rst trades, your £ losses should be no more than £8
per trade (ie; 8% of £100).
• Analyse all your trades and learn from them.
• Aim to get consistency and solid returns before upping your
stakes / buying more than one stock at a time.
• Always look at the downside of every trade you do. Ask, what
is the maximum I would lose if this trade goes against me? If you
can’t handle the loss, do not place it, or lower the amount you are
about to invest.
• Consider at some point going over to America to see William O’Neil
in seminar. 105 Aim to eventually attend his advanced course. 106
• Keep going and never stop learning. Remember that patience
will be needed because it may take 3-5 years of hard graft before
you start seeing the results you desire.
• If you keep going and keep learning from your mistakes and
course correcting, by default you will end up becoming a
professional investor.
Okay, so now you know what to do if you want to take the DIY route. Th is
is the same road that I went down. But remember, only take this route
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