Remember an investment plan is different and separate to a trading plan as they are both separate typpe of busines plans and looking to achieve different aims?
Investor are looking to catch the bottom and the top of cycles or try to anyways whereas trading plan you are trying to achieve cashflow by capturing move small moves in between. What are your financial goals inyour life and what is your personality type? Doe your personality type match your business plan? What's your risk tolerance and financial situation?
Finally what is your exit strategy and when do you plan to get out? All these are very important. I have personally plan ahead what my exit strategy will be ahead of time. Every step is planned ahead and each new experience and lessons i learned from the stockmarket I have jotted down and improved my investment plan so I know what I need to do in my next investment or trafing
LYC Price at posting:
36.5¢ Sentiment: LT Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
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