A stock trading system is needed to help keep your Trading Leg growing over time. Blindly trading stocks will only increase losses from your portfolio and is not the way to go. A system is a set process from start to finish that will increase trading profits, help protect your trading account from sudden downward price swings, and keep emotions out of the trade.
There are so many different "systems" out there, where do you start? Well, when trading stocks you need some kind of a process in place in order to protect your account from YOU! The investor is his or her own worst enemy when it comes to buying and selling stocks, especially in a volatile, emotion driven stock market.
I've been trading stocks for a long time and there was always one thing that has always been the same with my style of trading - emotion. I bought into a stock because I liked the company; I sold the stock because I either got scared when the price started dropping or something happened with the company.
I essentially traded every stocks with emotion - and I lost a lot of money because of it.
Even after I learned how to read charts, getting the help from up and down signals, I still didn't have a solid system in place to take emotion out of the trade. I see now how much potential gains I lost out on simply because I didn't understand how damaging a little emotion can affect my decisions.
Controlling emotion is very important to every investor and an effective stock trading system can help do the controlling for you.
A simple system with rules and a solid, working process that tells you exactly when to buy and sell stocks is the only way to keep your personal emotions out of the trade. If you don't have one, then you are just losing money.
So, how does emotion affect a trading decision?
1. You buy a stock too early or too late.
2. You sell a stock too early or too late.
It's as simple as that. When dealing with stock market investing, you want to be as precise as possible in order to maximize gains and minimize losses. Otherwise, why are you investing in the first place.
Time is a valuable commodity that can't be replaced once it's used. Everyone gets the same amount of time in the day. It's how you use those hours that makes or breaks you in stock market investing.
Most people don't want to get into stock trading because they think it is too time consuming. When you get home from work after a long 12 hour day, the last thing you want to do is try to manage your trading account for the next four hours.
If you spend too much time trying to manage your stock accounts, it's like a full time job.
Well, that isn't true at all once you have a good system in place. A good system organizes your activities in a way that streamlines the process of researching, buying, monitoring and selling.
Would 30 minutes or less a day to dedicate toward a system kill you, especially when you know it will quickly grow your portfolio to an income replacing level in a few years?
I used to spend hours upon hours studying charts, trying to find good stocks to trade, and didn't have anything to show for it after all was said and done. Sure, I had a few winning trades from all of that time I spent glued to my computer, but I had more losing trades that made my trading account stagnate for years.
Then I discovered a process that amazed me. It's a stock trading system that actually finds potential stocks, structures the trade to minimize risk and maximize gain, and partially automates the buying and selling process to remove the element of emotion from the trade. No more spending hours upon hours studying charts, scouring news articles or watching financial talk shows.
If you are looking for the ultimate system that controls emotion, maximizes the use of your time (not wasting it), finds the best stocks to trade in seconds, and only has a couple signals for making a trade, then you need the Extreme Stock System.
This system does it all and is so simple, anyone can master it in less than a month. Stop what you are doing right now and shift to the system that actually works. Stop gambling on hyped up stocks and invest on winner after winner.