GEMS: If You See Something, Say Something

Jordan Kimmel |

Stock Traders Wall StreetLike the ads on TV and in the Subway. If you see something, say something.

The team approach, different sets of eyes and opinions, is the reason the trading floor here works. While you should only trade what feels comfortable to you- the chance to be engaged with other traders and hearing what they are doing helps you to cover and see more ideas yourself.

Just as important: If you know something, do something.

Sometimes you know something about something others just are not aware of yet. It might be a steak burrito at a new Mexican restaurant, it might be a company that lets you rent videos in a better way…Occasionally you are up on a trend before the rest of the world- and others traders. Once the market starts to notice, that does not mean it’s time to sell. Only when “everybody” is shouting about it is it time to sell into the frenzy.

I have seen firsthand, being early and patient with a great idea can make up for dozens of bad trades. It can change your entire future purchasing abilities if you play it right.

Good ideas often show up right in the middle of recessions and bear markets. Don't just sit quietly by. If you see something, say something. If you know something, do something.

*DISCLOSURE: No relevant positions

This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by T3 LIVE or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Visit the T3Live Homepage, Virtual Trading Floor, and Learn More About Us.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
IB IBI Group Inc. 6.00% Convertible Unsecured Subordinated Debentrues due June 30, 2018 n/a n/a n/a n/a

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