I’ve been investing in the stock market for nearly six years, and I’ve always taken the responsibility of managing my own investment portfolio. Over the years, as I’ve become a more strategic investor who seeks larger returns from my trading, I’ve stuck to the same trading plan. A trading plan consists of determining at what price you will purchase or sell a security. Making a plan before I actually make any trades gives me a roadmap to follow, so I’m not swayed by market conditions or other external influences. Knowing when you will buy or sell a stock ensures you make logical – and not emotional – investment decisions. How do you stick to your trading plan if you aren’t watching the markets on a regular basis? You manage your portfolio Innovation in fintech has resulted in the emergence of online trading platforms. As a self-directed investor, accessing the markets […]
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