Welcome back dear traders and investors!
Investments are undoubtedly one of the best ways in which we can: save, multiply and put into practice the capital we have on a day-to-day basis. However, we do not always take into account the premises and axioms necessary for a correct trading psychology.
1. Find an investment strategy:
Let's not be an ordinary trader, you must be better, different and even smarter. Without a convincing investment strategy in the short, medium or long term, our economy can fail at any moment. There is no method without theory, nor a study without analytics, therefore, we must faithfully understand what happens in the market and the economy to develop our own system or financial strategy of brilliant factors that condition us to a near and future benefit.
It is valid to apply all kinds of arguments to build your scheme of foundations (technical or fundamental) at the end of the day we will be the ones who see the results of following the clear points of the investment.
2. Don't follow third party comments or futuristic economics gurus:
No one is the one to say what may or may not happen, in the world of trading you need an individual voice to do things, as well as to do what is necessary. Many times following third-party comments alienate us from what we really want and can happen; They are capable of deferring logical theories of the market and being based on hardly technical and somewhat speculative hypotheses. Trading is not "speculation" on the contrary, trading is theory and economic laws, it takes years of study and understanding of monetary literature to know how this world works mathematically.
In addition, it must hurt a great deal to realize that our investment, which was worked with incredible care and effort, was wasted by a third party who does not even know what to do.
3. Build your own path as a trader, but don't swim out of the stream:
I know it is something dialectical or contradictory, in the first point I mentioned the need to have your own criteria and now I recommend not swimming out of the current. By this I mean not to contradict the market guidelines and trends. If we are in an uptrend, why do we have to challenge the reality of the economic market with a position against? Unless this position is verified by methods, logic, and studies.
Indeed, we must build our own financial strategy, but in the process we can never circumvent or discount the economy, because it will always be present. We are moment hunters, we invest here or there, waiting for the opportunity.
Just remember:
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