At first we thank you for being here and promise that your time won’t be wasted. We’re proud to present you with something you most probably never seen before !..
Most people have distorted views and opinions on stock / capital markets. Almost all of them; good / bad are just based on results from experiences by themselves, families, friends or others. Some even hate the idea of trading without really knowing any (REAL) thing about! On the other hand some ppl are addicted to trading which is also wrong.
Emotions should be off the equation here. That’s easier said than done specially when dealing in your own money because subconsciously emotion always tend to get in the way.
Charts do not just show price movements. Under the hood; Technical Analysis study the psychology of the masses. Three drivers determine your every investment decision. In order to avoid this and decide rationally; in other words keep a balanced state of mind at the middle of the triangle shown. Your Only key to Survive and Succeed over-time in this business is to have a Well-founded Strategy; aka discipline. We’re here to Introduce you to Ours.
It all starts with defining your own self, needs, goals and risk tolerance. These have no right or wrong answers. They differ from one person to another and change over time even for the same person. It’s very important to build your investment plan / portfolio to comply with your current status and financial situation.
A professional portfolio must consist of all types of financial instruments, those with high risk, low risk, fixed income, capital gain and some intended for long and some for short term. The percentage of each within is determined by the character and needs of each investor
Questions to ask yourself
What type of a person are you?
– Risk Taker
– Risk Averse
– Moderate / Balanced
What's your investment Goal(s) ?
– Fixed income
– Capital Gains
What's your investment Period ?
– Short Term (3-6 months)
– Medium Term (6-12 months)
– Long Term (More than 1 year)
How much Risk can you handle?
As mentioned any investment is a trade off between Risk and Return. Aiming high must come with accepting high levels of risk. You can set your own limits specially on the downside by accepting losses up-to a certain extent then applying something called Stop Loss when you reach your preset level of accepted risk.
– Only use excess capital for high risk purposes
– Spread your risk; diversify on different sectors
– Research and analyze before taking any decision and before trading hours; not during.
– Avoid Rumors; significant insider info, stock news show up in charts; wait for confirmations.
– Think Long Term; it’s shorter than you think
– Follow up thoroughly on your investments, don’t rely on anyone