A. I’m so glad you asked this question. I absolutely love kicking off the year with my five most important trading resolutions.
Here they are:
Tell me where to send your FREE book
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It contains everything you need to trade the markets like a pro and start earning up to 142% returns on your money in under 3 weeks.
And he’s giving away 100 copies for FREE
Getting your hands on one of these couldn’t be simpler…
Deposit a bit of money every month to boost your portfolio
The only way a trading portfolio will grow is with MORE money.
And so make sure, every month you set a date to deposit a portion of your savings into your portfolio.
It can be from R500 to R20,000. It all depends on what percentage of your income, you’re willing to add into your trading account.
This way, you can accelerate your trading portfolio in 2021.
Only take a trade when your trading strategy tells you to
Most people lose money when trading as they try to trade on intuition.
They rather base their trading signals on gut feeling. And this is most of the time, if not all the time, a losing financial situation.
With a profitable trading strategy, make sure you stick to your signals with every trade that lines up this year…
Set aside 15 minutes a day to trade
We both know that when you sit down to watch Netflix or scroll through Facebook, hours can fly by which feels like seconds.
That’s why we need to put our foot down.
I want you to cut down on your TV watching or social media browsing, and dedicate just 15 minutes a day to your trading.
Stop distractions interfering with your trading
During those 15 minutes of trading, you’ll need to make sure your phone is on silent and the TV is off.
You need to full concentration, finding good trading setups or monitoring any trades you have opened.
Tell your family or friends that for 15 minutes a day, you cannot have any one distracting you when you trade.
These boundaries will help you trade with a clear and undisturbed mind.
You can even stick a note on your door saying: “Do not disturb for the next 15 minutes”.
Your Secret Roadmap to Retiring in Modern-Day
Let’s face it… the world is changing all the time.
This is especially true when it comes to business and finance.
And after 10 years in the trenches, I can say with absolute certainty…
You DON’T want to be on the sidelines when a new and great secret to building your income and wealth emerges.
Write your trading goals for the year
Do you have an idea of how many trades you’d like to take a year?
What about how many are winners or losers? And do you know what percentage you’d like to bank of your portfolio this year?
If you have a proven and tested trading strategy, then jot down these stats and have it up as your vision board.
This will guide you on the path to your expected trading performance.
That should do it…
You have a lot to prepare for and profits to reap in 2021.
I thank you for being with me for another year with FSP Invest’s Trading Tips.
It is my privilege and passion to help you improve your trading performance and we have a lot of new projects that will help take you there.
Remember, if you have any other trading questions to start off your year you can ask me by clicking this link…
Managing Editor, Trading Tips