The Motivation To Invest The Motivation To Win: Technical Analysis & Stock Portfolios (The P/E Logo: The Motivation To Invest Book 3) Buy on Amazon

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The Motivation To Invest The Motivation To Win: Technical Analysis & Stock Portfolios (The P/E Logo: The Motivation To Invest Book 3)

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Author(s)Thomas, Bill
ISBN / ASINB011573J5E
ISBN-13978B011573J52
AvailabilityAvailable for download now
MarketplaceUnited States  🇺🇸

Description

Technical Analysis
I try to more quickly than usual, explain how the different types of approaches could be used to aid in manipulating time and return (from day trading to end of year return), which sounds easy, yet, equally as much as the other approaches. Day trading even follows the movement of the market and stocks even closer; it aids in trying to determine when the best time to buy, (that time being) right before the price begins to go up, and of course, when is the right time to sell, (that time being) right before the price goes down. Though, believe it or not, most people, even myself, can find that a difficult thing to do, as it probably is done best by those who can sit there and follow it more closely on a regular basis, which is more than just guess work, actually it's called Technical Analysis.

Technical Analysis is the following of the charts that graph the buying and selling trends of investors, the movement of prices, the highs and levels of resistance, the lows and levels of support.

I started off with my first practice portfolio with about five stocks, then ten, and then feeling more comfortable that I was using just a simulator and not real money, I started to add stocks that I was curious about, how they did, how they did at certain times of the year, before and after earnings reports, mergers, acquisitions and job reports etc. So I eventually got it up to about thirty or so. I then wanted to add some stocks from different sectors, (making sure that my portfolio was somewhat balanced; a few stocks from different sectors). I then wanted to sell some to balance out the amount I had to invest. I think that five to ten stocks is sufficient, and thus putting an even amount of the total investment on each stock. As they say, ‘I try not to put all my eggs in one basket’, where some will go up while a few are going down.

I then also gradually increased the total amount of investments. So I decided that it would be just as easy to create a few more portfolios where I could try different techniques with that I thought would work maintaining or of course increasing the rate of return. I eventually created some portfolios that could give me a good variety of stocks from each sector, while putting a certain percentage of money on each stock.
Money.CNN.com website has the different sectors with the different stocks within them, where they post:
Stocks symbol
Stock name,
Market Cap.,
Price,
Daily (+ or ) percentage change and cash amount change,

And year to date rate of return,

Highest gain (which stock in each subsector had the highest gain that day).

By the end of the year, the two largest portfolios that I had joined had returned 30% (the first one) and 50% (plus) (the second one created a little later after getting the hang of it) respectively.

I was telling my uncle Chris who lives here in San Francisco, that if you have a wife, which he does, children, which he does, a job, a house and a car (a life), it could be somewhat of a challenge putting as much time in as needed, which is one of the reasons a lot of people go to the major investing houses, and put their money in the hands of the professionals; though I also stated that another alternative would be to choose a particular family member along with supporting that person, to keep a constant watch on the family investment portfolio. And because of all of the above, though not that difficult, having more than one person working on it would be an incredible idea.

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