Stock Trading Plan

Here is my Basic Trading Plan for your reference

I also use famous and powerful stock market investment software tool "Marl" to improve my stock pick for more profit.

1. Do your homework/research.

2. Know the amount you are investing in the stock. No more than 10% of your portfolio’s value.

3. Work out your profit margin. So you know how much you are going to make plus know your exit price. (The price you are selling at.)

4. Put your stop loss on so you will not lose more than 10% ($2,000 = $200 this includes brokerage).

5. Don’t get greedy, panic or fearful. (You can’t afford these emotions in trading.)

6.Have an up to date list of around 15 to 20 future prospects ready at all times.(If in doubt leave it out) and keep them up to date.

7. Dont become impatient; don’t go chasing share prices/ stocks. And make sure you are using “real time data” 20 minutes delayed price is for the birds.