To Find Out What Works
Oftentimes times people get into investing without a plan, except all they know are for one sole reason – making money.
But how much really? Hold for how long? Are you really value investing or just bag-holding? You were day trading yet now you hold it for more than a day, are you still a day trader? Under what circumstances do you buy or sell, etc?
Not going to lie, I’ve experienced these scenarios myself too. Which is why I understand the importance of a plan.
To make money through stock market, we have to do it in a structural way. So we can fairly examine if the approach is working or not.
To Achieve Long-Term Success
Your first or first few successes could be beginner’s luck. It doesn’t matter where it is coming from as long as you make decent money. However, to make consistent profits you have to know what makes it work. So you can apply it and refine it again in the next trade.
It is a MUST to know your HOW, WHEN and WHY for every trading decision.
