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Edited by Kamal531 at 21-12-2023 02:09 PM
I've been studying stocks for several years, and recently, I came across a new method that I find quite effective, and I'd like to share it with everyone.
This method is abbreviated as RPGT:
R = Risk Management: Meaning, don't put all your eggs in one basket. Diversify your investments, holding a maximum of 5 stocks at most.
P = Positioning: Consider the prospects of the business, whether it's in a sunrise or sunset industry.
G = Growth: Pay attention to economic growth and the quality of the management team.
T = Technical Analysis: Utilize technical analysis to identify entry and exit points, selling during upward momentum and buying at support levels.
I understand that these concepts may seem a bit complex at first, but you can think of them as buying and selling, just like when you shop. The key is to use the method to filter out undesirable choices.
Saying that making money in the stock market is difficult is neither entirely true nor entirely false. It depends on expanding your knowledge beyond conventional thinking if you want to make money. |
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