The Smart Way to Trade Stocks
LOS ANGELES, October 13, 2017 (Newswire.com) - These days it’s easier than ever to open an online trading account. Technology has advanced such that anyone can invest and have access to Wall Street using an iPad or Smartphone.
However, the problem for most retail investors is that they aren’t well versed on trading strategies and allocation. “Most retail investors don’t understand the power and significance of financial allocation inside their online trading account,” says Tyrone Jackson, creator of the Wealthy Investor program and WITradeSchool.com.
Simply stated, allocation refers to what funds you are going to actively designate for trading in the stock market, and what funds you are going to designate for investing in the stock market.
Why is allocation important? When you invest and trade in the stock market, you’re putting capital at risk. Managing risk is a skill. If you have access to Wall Street you must understand the basic principle of risk management.
Over the last 52 weeks, the Dow Jones Industrial Average and the S&P 500 have risen significantly. Many professional money managers lower their risk by exclusively investing in these two indices. Tyrone Jackson says, “Learning how to manage risk while increasing your online trading success is what successful traders do best.”
Mr. Jackson’s new free online trading video series is designed to help retail traders stack the deck in their favor by learning how to use allocation to their advantage. Jackson’s new series can be viewed at https://thewealthyinvestor.net/stocktradingplan.
If you want to successfully trade and invest in the stock market on your own, planning your next trades, getting a financial education and learning how to manage risk, will be the keys to your success.
Source: The Wealthy Investor
Share:
