Personally, I feel that the creation of stock trading methodology is a never-ending cycle.
Someone or some professional will say that they have finally found the holy grail of the stock exchange.
They will claim that they have found the high flier counter of the next decade and it is worth all the money you possess.
Sadly, I think that there is no sole methodology for such a complex financial jungle.
There are those who are waiting to prey and those who are waiting to be prey upon.
Ideally, I feel that it is better that we eliminate the idea of searching for highfliers in the stock exchange.
This is because there are thousands of other professionals who can afford all the technology that exist on this planet and still fail to identify these high fliers.
More than often, it is serendipity that allows the average Joe investor to invest in an underdog counter now and to be a high flier later.
With all due respect, I still think that consistency is the way to go.
Let me give you two scenarios: First scenario You invest in a handful (probably two to three) of counters which are supposedly high fliers.
You leave your money them and stay with it.
Second scenario You invest in a multitude of stocks that show promise in the recent future.
You target their performance every week and pull that particular counter out when you see signs of trouble.
I may not have the statistics to show you but I am definitely sure that you, with some economic sense, will know that the portfolio of the second scenario is going to perform significantly better as compared to the first scenario.
This is because I try to target consistency whenever I look at the stock exchange.
I love consistency.
With consistency, you can prioritize which stocks deserve a larger portion of your capital and you have the right to exit without delay when you sense trouble.
In short, you are able to minimize your losses and ride on your profits nearly all the time.
Targeting with consistency is not rocket science.
All you need to do is to trade with caution.
To trade with caution, you will need to pick out stocks that are very promising.
Why not use some stock and portfolio tools to ease your burden? To look for some trusty stock and portfolio tools is definitely no picnic, but bear in mind that you cannot make a wrong decision about this.
If you make a mistake here, you will undoubtedly fail in your subsequent trades.
Someone or some professional will say that they have finally found the holy grail of the stock exchange.
They will claim that they have found the high flier counter of the next decade and it is worth all the money you possess.
Sadly, I think that there is no sole methodology for such a complex financial jungle.
There are those who are waiting to prey and those who are waiting to be prey upon.
Ideally, I feel that it is better that we eliminate the idea of searching for highfliers in the stock exchange.
This is because there are thousands of other professionals who can afford all the technology that exist on this planet and still fail to identify these high fliers.
More than often, it is serendipity that allows the average Joe investor to invest in an underdog counter now and to be a high flier later.
With all due respect, I still think that consistency is the way to go.
Let me give you two scenarios: First scenario You invest in a handful (probably two to three) of counters which are supposedly high fliers.
You leave your money them and stay with it.
Second scenario You invest in a multitude of stocks that show promise in the recent future.
You target their performance every week and pull that particular counter out when you see signs of trouble.
I may not have the statistics to show you but I am definitely sure that you, with some economic sense, will know that the portfolio of the second scenario is going to perform significantly better as compared to the first scenario.
This is because I try to target consistency whenever I look at the stock exchange.
I love consistency.
With consistency, you can prioritize which stocks deserve a larger portion of your capital and you have the right to exit without delay when you sense trouble.
In short, you are able to minimize your losses and ride on your profits nearly all the time.
Targeting with consistency is not rocket science.
All you need to do is to trade with caution.
To trade with caution, you will need to pick out stocks that are very promising.
Why not use some stock and portfolio tools to ease your burden? To look for some trusty stock and portfolio tools is definitely no picnic, but bear in mind that you cannot make a wrong decision about this.
If you make a mistake here, you will undoubtedly fail in your subsequent trades.
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