Creating a Winning Portfolio
Why start a stock portfolio unless you’re going to do it right? The answer is to follow clear steps and let the results unfold. You may be surprised just how easy it is.
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Why start a stock portfolio unless you’re going to do it right? The answer is to follow clear steps and let the results unfold. You may be surprised just how easy it is.
Catching trends is like surfing. Catch the wave, enjoy the ride and jump off when it subsides. That’s the simple message.
1. Successful traders trade uniquely 2. Successful traders are multidimensional 3.Successful traders work at their trading 4. Successful traders know when to not trade 5. Successful traders are self-aware
Recognising and simplifying the skill of handling trends and human behaviour is the key to success in trading.
Using a structured analysis process
is essential for several reasons. Our purpose is to help educate and guide members in that process.
Few winning stocks are necessary to ensure profitability using the Stockradar strategy so the win loss ratio on its own is not a good benchmark. We need to dig a little deeper.
If we learn how to cut big losses, we don’t take them. If we learn how to protect profits, we keep them. It’s that simple.
Good traders are like the surfboard riders who catch the wave as it breaks, they ride it hard, and hop off before it flows back into the sea.
Investing is a mind game. How do you control the emotions such as paralysis, fear and doubt that swirl about in our heads?
The reality is human psychology drives stock price trends and we often see the power of our imaginations do amazing things, regardless of reality.