This must be the most common question that gets asked a lot when it comes to trading stocks. Do you seriously listen to others for stock tips? Why would you listen to others to decide which stocks you should buy? Successful stock traders do not ask for third party opinion on what to buy and when to sell.

What is the hottest stock to buy right now? It is the one that will help you make money in the stock market. You need to have a plan because most investors do not have a plan. Every single successful investor has a plan so there is no reason why you don’t have one.

Even if you know the hottest stock to buy, do you need the best time to sell? The best time to sell is the method that you use in your plan. You do not try something new to see if you can earn more, and most beginners make this mistake. They make the mistake of waiting for the “best time” to sell.

Many people lose a lot of money from listening to gurus who tell them the “hottest stock tips”. When these people lose money, they usually blame it on the person they were listening to. Instead of taking responsibility for losing money, they blame it on others to feel better. That is the simple truth of how idiots trade in the stock market. The only person you should listen to is yourself because you need to have a plan. Nobody cares more about your money than yourself.

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