Today everyone wants to become a successful trader or investor but, is this really happening answer is not it is because the investor or the trader not follow the perfect strategy that make his/her portfolio profitable. Or his/her investment Turns into wealth over a period of time.
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| Correct Strategy Decides Everything |
So, what strategy you must follow that can help you to create a good wealth from your investment. We will discuss all this things in this blog, as your time is valuable so I don’t want to waste your single unit of time that’s why it is necessary to read the table of content
Our topic is 5 important strategy that make you a perfect investor or a trader every point is key changer of your investing or trading, I suggest that take notebook draft your own strategy after reading this 5 strategic point of investing or trading now let’s start
My first point is specialisation (Gain Knowledge)
As a investor or trader you will find a tons of strategy spread over the internet many people think that they should follow all sorts of strategy that are revelant to him or her but here is the key point that instead of analysing many strategy focus on any one of the strategy that you like most or you think that it is suitable to you.
Now the question arise how we can understand which strategy is suitable to you, now here is the interesting part of your investing first few month of your investing or trading focus only on finding your perfect strategy that you feel it is suitable to you or it is easy to understand. List out which strategy you get maximum difficulty and minimum difficult to depoly it. The strategy where you get the minimum difficulties that strategy is perfect for you
I want to add a something in the specialisation part that is what I try to convey you for example a doctor of heart that is cardiologist his specialisation is curing heart related problems same with eye specialist or Bone Specialist doctor.
They are specialised in a particular part of humanbody. In a same manner you should specialised in a particular strategy. You must learn every single point of that strategy, now you have a one task to do “get the list of all successful investor or trader” you will find a common thing in all of them that is they follow a particular strategy of investing or trading.
For beginner it is important to understand how to learn the strategy there are various methods to understand the strategy and learn from scratch there are number of books and courses available to understand various types of strategies but kept in mind before applying any strategy you must know the basic part of investing or trading that is fundamental analysis. Technical part or technical analysis that is making a strategy is the next part of investing or trading first it is important to master the first part of investing ‘fundamental analysis’ if you complete the first stage then only switch to the next stage.
If you want a dedicated blog on any of the following topics please leave a comment in comment section block
1) Best books for investing or trading
2) Best free courses for investing or trading
3) What are the key points to kept in mind while doing fundamental analysis and the Fourth
4) What are the different methods available in technical analysis
2) Risk ratio 3:2
For every person risk bearing capacity is different it is differ from person to person so it is necessary to understand your risk taking potential. but I recommended the 3:2 pattern of taking risk what it is actually will discuss it in details. The 3:2 risk pattern slightly depends on your psychology, your age also, on one more parameter that is your financial condition.
3) Satisfy with small amt
4) do not take loan
