Two of the five trading principles outlined, Uncle8888 can relate them well. Do you diligently compare your investment results to your investment goals? It’s quite common to see investors boasting about their investment goals with no a real measure to evaluate how close these are. Without a clear measure set up, you are unable to receive feedback on whether your investment decisions are right or wrong.

This deprives you of the chance to improve your investment decision. In the end, if you don’t measure your final result, you are just living in denial that every decision that you make is correct, isn’t it? It doesn’t matter how successful you are as an investor, it is unlikely that every stock that you selected will be a winner. Successful traders have recognized that 80% of their portfolio’s comeback is attributable to 20% of the portfolio. Instead of diversifying their effort to find multiple stocks and shares with mediocre profits, investors like Ray Dalio concentrate significant amounts of time researching for great businesses to become that 20% in their profile.

How much does it cost me to keep up an e-commerce website? Did you know that typically, of over 150 online retailers researched by Forrester, the expense of helping their e-commerce systems was 7% of their online profits. There is a wide range Now, from 3% to 10%, but think about it. 30,000 in a year – to keep it well-tuned.

When it involves talking about costs, there’s nobody answer for everyone. Depending …