Successful Strategies for Investors and Traders

byroydio

291 followers

Updated 5 years ago

Successful Strategies that Investors and Traders can use.

Here are some of the tools that you need to increase your success.

Don't gamble with your money like you might in Las Vegas, like playing craps by rolling the dice, the quickest way to lose it all.

Through the years I have developed a number of strategies to give you a better chance at success.

As an investor, we can control our money by ourselves. It is very important to have an appropriate strategy and a mental acumen before investing.

You must follow the following strategies-

1. Capital Preservation- Very simple, if you do not have any more capital, you can no longer invest or trade.

2. There must be a reason why you are investing or trading.

Focus on your reasoning before you continue.

3. Determine where and when you need to enter a trade or investment

Timing is everything, you have heard the saying "right place, right time"

4. Timeframe- You need to determine and decide when to enter a trade or investment, and when and if you want to exit.

5. Have a Price In Mind To Get Out- Your reward should always exceed your risk.

I hope these strategies help you make better decisions and get you to be a successful investor or trader.