What could be bad about the trend currently underway towards commission-free trading? A lot – especially for retirees. In fact, the author of today’s article describes zero brokerage commissions as “the latest Siren Song to tempt retirees into dangerous behavior.” So what exactly is the concern? It has to do with the effect that zero commissions have on trading frequency – and the pairing of two “toxic behavior patterns in retirement”. For more, CLICK HERE.
“It’s important for traders of all skill levels to understand the risk and reward dynamics of every trade they put on,” advises the author of today’s article – who proceeds to outline a simple way for traders to ensure that their reward-to-risk ratio is where it should be in order to profit in the long run: the profit factor. For more on how to set up trades using the profit factor, CLICK HERE.
The ten stocks identified in today’s article may be nice stocks to trade for short-term profit, but you may not want to bet your retirement portfolio on them. Specifically, the author identifies ten stocks that he argues “are more likely to hurt your retirement than help it” as they lack what he sees as the critical feature for retirement stocks: being future proof. To find out what these ten potential retirement ruiners are – and why they may not be as future proof as they may seem – CLICK HERE.