What You Need to Know Before You Begin Market Trading

Are you afraid to begin market trading? Aaron Fifield, the host of the financial podcast, Chat with Traders takes the mystery out of market trading is and explains how to get started. Doug and Aaron discuss what sort of attitude best serves a trader. They also debunk misconceptions people have about market trading. Aaron offers advice for newcomers who might be intimidated by bigger traders and confirms that even a small trader has a place in the market. How much money should a trader start investing? Do you know what’s in your portfolio? Doug warns investors not to ignore their portfolio. Investors need to review their statements and have a full understanding of what is going on. He has some options for investors who may have lost interest in their account. He explains the difference between a basic financial advisor relationship and a “separately managed account” (SMA) with a money manager. If you are out of the loop on your investment portfolio, then let Doug help you get back up to speed. If a SMA sounds like something you could use, then watch a short video that gives an overview of what a financial advisor and what a money manager could do for you. To listen to Aaron Fifield on Chat with Traders go to chatwithtraders.com. You can also follow Aaron on Twitter. If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book.