Want to Learn How to Invest in the Stock Market? Investing Expert Teri Ijeoma Shares Her Tips for Success for Beginners

Many aspiring entrepreneurs dream of the day when they can quit their day job and turn their side hustles into a full-time enterprise. That’s exactly what Teri Ijeoma did two years ago when she left her job in education and turned her side hustle trading stocks into a career. Now, not only does she get to combine her passion for stock analytics and love of teaching, she travels the world while she does it.

While she makes twenty thousand-dollar profits on a beach in Greece, Teri has also started a trading school called Invest with Teri teaching others the ins and outs of trading with her course trade and Travel. As part of CityCentral’s Speaker Series, Teri shared a brief overview of the techniques that freed her from the 9-5 grind and launched her career as a trader and trading educator.

Pick Quality Companies

Fear #1: You need a lot of money to invest.

Myth: So, you should invest in penny stocks.

The Truth: The real way to make money is to invest in value companies that are the best in the breed.

Secret #1 – (Disclaimer: This carries risk.) Open a margin brokerage account – the bank will actually let you trade with their money. It allows you to trade with 2-4 times the money in your account and afford value companies leading to higher returns. It’s very risky, though. That’s why the next step is extremely important.

Protect Your Portfolio

Fear #2: The stock market is too risky.

Myth: The stock market is a gamble.

The Truth: Investing is a calculated risk. You need to make high probability trades, that is trades with a high probability of profit. You must determine what is my risk and what is my reward.

Secret #2: Put in stop-loss orders and make high percentage trades. The reward should be 3 times the risk.

Price the Trade

Fear #3: It takes too much time to trade. I can’t stay in front of my computer all day and don’t have time to do all that research.

Myth: You have to do hours of research.

Truth: If you learn how to read charts, you can determine when to get in and out of a trade in less than 2 minutes. “I’m a problem solver. With reading financial charts you’re figuring out where the banks are buying and selling. I love it when I’m right when you execute the trade and it makes money.”

Secret #3: Limit your watchlist to 20-30 companies. Stick with a small number of stocks that you can get really familiar with.

Push Forward

Fear #4: You can’t time the market.

Myth: You have to buy and hold.

Truth: You can actively trade for income. If you start with a goal of $200/day that’s an extra: $1000/week, $4000/month, $48,000/ year.

Secret #4: Trade in and out of stocks. Get in, make a profit and get out.

Top 5 Trading Mistakes

1. Getting in at the highs – it’s tempting to buy in when stocks are soaring. Wait until a pullback when prices are lower.

2. Position size – buying too many shares and getting overloaded. Don’t put too many eggs in one basket.

3. Giving up gains – not taking profits.

4. Holding too long – don’t hold longer than you have to.

5. Too many positions – you have too much going on. Focus on no more than 20- 30 positions.

Teri offers her full courses online from beginner level to advanced, personal coaching, and an informational group to share trading tips. So, if you don’t know the difference between a stock and a bond and think blue chips are great with guacamole and want to learn a bit more about investing you can find Teri at her webpage: investwithteri.com or on Instagram: @TeriIjeoma.

What she loves most about teaching people to trade: “I just like seeing how it impacts their life. Just knowing how I’m able to help them is really cool.”

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