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  • Digg it UP - Tips No 8 - Picking the Best Stock Market Price

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    Carefully thinking through your goal as a trader is of prime importance, when picking the best stock market price. It is very difficult if not impossible to meet a goal that is ill defined. Is your goal to trade frequently, irrespective of market conditions irregardless of what the stock market price is? Or is it to trade for the excitement of it all. A more sober assessment would probably yield a goal of making money - but how much and at what risk? How do you determine what t
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    market price is? Or is it to trade for the excitement of it all. A more sober assessment would probably yield a goal of making money - but how much and at what risk? How do you determine what
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    robably yield a goal of making money - but how much and at what risk? How do you determine what the best stock market price is? Ultimately, a well-defined trading goal should specify the desired average annual return and the corresponding equity drawdown that a trader is comfortable with, financially and emotionally.

    Following a methodology that meets your goal is also of prime importance. This is the key is picking the right stock market price that fits your trading plan

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