Discover and read the best of Twitter Threads about #MoneyManagement
Most recents (6)
Here are some key takeaways that can help you better understand your relationship with #money from "The Psychology of Money" by Morgan Housel @morganhousel #RichQUACK $QUACK #Psychologyofmoney
THREAD 🧵👇
THREAD 🧵👇
1. Wealth is what you don’t see: Wealth is the assets you accumulate that nobody else can see. It’s the cars not purchased, the clothes not bought, and the vacations not taken. #ThePsychologyofMoney #Wealth #Savings $QUACK
2. Compounding is the most powerful force in finance: Time and patience are the most important ingredients of compound interest. Understanding the power of compound interest is essential for building long-term wealth. #CompoundInterest #WealthBuilding $QUACK
Strategi Menangkan Sportsbook - A thread
1. Kita bahas asal muasal taruhan dulu sebelum langsung ngomongin strategi sportsbook.
Taruhan pertama kali tercatat dalam sejarah adalah pada masa Yunani kuno.
sc: bit.ly/3H0pmd0 #MalaysiaOpen2023 Nabrak PDIP
1. Kita bahas asal muasal taruhan dulu sebelum langsung ngomongin strategi sportsbook.
Taruhan pertama kali tercatat dalam sejarah adalah pada masa Yunani kuno.
sc: bit.ly/3H0pmd0 #MalaysiaOpen2023 Nabrak PDIP
2. Saat itu para atlet bertaruh untuk menentukan pemenang dalam pertandingan #olahraga. Pada masa Romawi, taruhan juga terjadi dalam pertandingan #gladiator yang populer pada masa itu.
3. #Taruhan juga merupakan bagian dari kegiatan #hiburan di masa pertengahan di #Eropa, dimana para bangsawan bertaruh pada #pertandingan cabang #olahraga seperti pertunjukan seni bela diri dan pertandingan atletik.
(1/6) Are you looking to get into #trading but don't know where to start? Here is an overview of the longer-time frame trading strategy which is one of the widely recognized strategies! 🧵
Read more at medium.com/zignaly/llts65…
Read more at medium.com/zignaly/llts65…
(2/6) Understand what the longer-time frame #tradingstrategy is - it uses charts with a more significant time frame from one hour to one day and has slower price changes. 📈⏳
(3/6) Benefits of #trading this way - you don't have to spend the entire trading day in front of a computer and it helps control emotions as you can make better trading decisions when not as emotional. 🤯
It's possible to become #financiallysuccessful even if you start with no money. It may not be easy, but with the right mindset and plan, you can increase your chances of success. #personalfinance #moneymanagement
First, set #financialgoals and create a plan to achieve them. This will give you a roadmap to follow and help you stay focused on your path to financial success. #planning #success
Educate yourself on personal finance, investing, and money management. The more you know, the better equipped you will be to make informed financial decisions. #education #investing
#MoneyManagement - Tout comme @TrendFrance, je pense que le Money Management est la première chose à appréhender avant de prendre une position sur les marchés ; c'est la base pour protéger son capital ! Je ne suis pas un "bon trader" mais mon Money Management m'a permis ==>
==> de protéger mon capital et même de le faire lentement progresser (+15% depuis janvier 2020). Rien d'exceptionnel mais toujours mieux qu'un Livret A ou même l'inflation. Dans la suite de ce fil, je vous propose quelques vidéos de @TrendFrance sur les bases du Money Management
1/ Les pertes sont inévitables ! Elles font partie de la vie de tout investisseur. Au fil du temps vous en aurez même une série plus ou moins importantes : jusque 20 successives pour @TrendFrance ou variables selon votre taux de réussite pour @tradosaure
Otherwise called the "Portfolio heat", a term coined by Ed Seykota, helps a trader control the total portfolio risk. This number, which is usually around 5-10%, depends on the trader's personality. 1/n
An aggressive trader would expose 10% of capital at once. A conservative trader would expose 5% of capital. A reckless trader would not know how much is risked, which could lead to a disaster if the market does a U-turn. This metric can help one survive in the long run! 2/n
So, what is your portfolio heat as of today? #Trading #investing #portfolioheat #riskmanagement #moneymanagement #riskcapital
