Managing a Stock Portfolio – Thinking Out Loud
The aim of the Stockradar strategy is to make money in a bull market and to keep you safe in a bear market.
This author has yet to write their bio.Meanwhile lets just say that we are proud Richard Lie contributed a whooping 115 entries.
The aim of the Stockradar strategy is to make money in a bull market and to keep you safe in a bear market.
Perspective is a key word here because it helps us control our emotional behaviour which can often be at odds with the systematically based rating. It is a good controlling influence for a trader.
I go about my business of doing what I do unemotionally and that’s how you follow a strategy, with belief, conviction and a fair dose of money management.
Our primary focus is educating members so they can learn to run their own portfolios.
The big benefit of locking in your loss is you turn neutral, you are unexposed, and not at risk. You clear you head, discard the baggage of a loss and are fresh and ready to take new prospects on.
We can ride the emotional waves, which can be exceptionally lucrative, but we must learn how to protect that gain with Stockradar stops, and not get greedy.
The Stock Pick Count gives us a guide as to the substance of the markets trend but also allows us to be more focused on specific stocks with qualified trends and that adds a degree of safety.
Whether you’re trading stocks, ETF’s, Bitcoin or some other tradable entity we all need an understanding of risk and how to manage it. Remember markets go up and they go down. Are you prepared?
Trading is not something we make happen just because we work hard. We firstly gain knowledge, move onto a degree of understanding, develop a style of our own, and then let it flow naturally and confidently as you build trust in a process.
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.