A strategy with predefined exits levels helps you completely eliminate psycho-traps, as long as you stick to them.
Either one share reaches your +20% target or it is stopped at -10%. There are only (!) These two alternatives for you and you stick to it until one of the two events occurs.
Other investors, however, are always at a loss and ask themselves at news or price movements regularly what to do now.
With a fixed system with fixed exit prices, this is a thing of the past for you.
Because your exit courses are fixed from scratch, you do not need to track news or business reports. Afterwards, you can sit back and watch as your portfolio continues to appreciate.
How to jump from one profit wave to the next
But: Keeping strictly to the guidelines is often easier said than done, especially for beginners.
Why sell a stock at -10% if it could recover? And why should you get off at + 20% profit, if maybe there was more in it?
Quite simply: Because you and I do not rely on “hopes”, but on a proven, highly profitable trading system. And believe me: there will never be a shortage of +20% opportunities in good stock market phases! ...CONTINUE READING