Billabong International (BBG) produces surfwear and sports apparel and accessories for the surf, skate and snowboard markets. BBG now has a presence in more than 100 countries. Brands include Billabong, Element, vonzipper and Kustom. (Source: Yahoo Finance)

Why and When to trade Billabong International Limited (BBG) Shares and CFDs

How do you decide whether to buy, sell or hold Billabong International Limited (BBG) ?

Emotions can run high when buying and selling, but they shouldn’t. Investors and traders should learn to develop strict rules that tell them exactly how much of what to buy and sell and when. They should also be able to test the rules over years and years of historical market performance to see if they would have made money had they used the approach in the past.

To find out more about share trading click here.

At HomeTrader - Australia's national stock market educator – we can teach you how to create wealth by trading shares and/or leveraged products, including Contracts for Difference (CFDs) sensibly and without taking huge risks.

CFDs are a leveraged trading instrument and carry significant risk. Click here to find out more about CFDs or register for HomeTrader’s FREE Intro Seminar.

You are specifically taught how to develop trading strategies which:

• can make money regardless of whether the BBG share price is rising or falling;
• tell you exactly when to enter a BBG share or CFD position;
• limit the downside risk of a trading BBG shares or CFDs by using stop losses;
• tell you exactly when to exit a BBG share or CFD position to realise profits.

Click here to find out more about HomeTrader and our ongoing support.

The rules of a trading plan should also be transparent and applied without discretion. At HomeTrader you are taught self-sufficient trading strategies that do not rely on the advice of gurus, market "experts", or crystal balls to decide when to buy, sell or hold BBG shares or CFDs.

You can read more about trading strategies and trading for income here.

One of the best ways we can demonstrate the value of a HomeTrader Membership is by showing you actual client trading results. Take a look at some of our clients who have achieved over a 200%* return in just three months by trading CFDs.

Overcoming Adverse Trading Habits

Here are the 10 most dangerous habits to have as a trader or investor. Do you rely on any of these habits?

1. Buying based on media tips or rumours - Australia's newspapers and newsletters have thousands of readers, so realistically the tips will not be very hot or unique and often rumours are false.
2. Buying on emotion. Gut instinct when it comes to shares is usually unreliable.
3. Getting advice from those who may not be qualified to give it.
4. Only knowing how to make money in rising markets. If property prices fall you can lose money but if share prices fall, traders can make money thanks to a technique called "short-selling".
5. Not using a stop loss to help you limit potential loss and reduce the risk of losing all your capital.
6. Not understanding position sizing and how to calculate exactly how much of each share, CFDs or other products to buy.
7. Not knowing when it is the right or wrong time to enter a share or CFD position - you need a strategy which precisely defines entry rules to determine when and why to buy a share.
8. Not knowing when it is the right or wrong time to exit a share or CFD position - as with entry you need a strategy which precisely defines exit rules to determine when and why to sell a share.
9. Buying a stock when it is trending down. Stocks are usually going down in price for a reason.
10. Buying low priced stocks. These stocks are usually cheap due to problems.

To find out more come along to HomeTrader’s FREE Intro Seminar at a training centre in your city. Click here to register.

Then you won't be reading this and trying to guess whether to buy, sell or hold Billabong International Limited (BBG) shares or CFDs - your trading system tailored to your own personal circumstances will tell you which decision to make.

* Past performance is not a guarantee of future returns. These results have been provided by individual members and are not typical of what every individual will achieve. GunTrader entrants trade in a number of financial products including shares, CFDs, options, warrants, foreign exchange and futures. These results have been achieved using leverage. Leverage increases the risks of losing money.