Posts about stock options, I previously discussed in the post: Setting Stock Options Trading Part I. If you carefully read my post, you will find the words in the third paragraph that I bolded, it reads like this: The main reason you often lose is that you haven't can set preferred stocks for trading.
Why should you have stock options?
Preferred stocks allow you to put your funds in a secure portfolio. If you don't know what preferred stock is and the characteristics of preferred stock, and how to select preferred stock, please read the post: Set Trading Options Stock. On this basis, traders often print money.
If you don't have a stock of choice, then you might put your funds in a stock portfolio that you don't really understand the characteristics of the stock. Or, it could be that you put your funds only based on rumors or recommendations of your friends. Or, what's even worse, you're buying stock just in vain.
However, this is the problem that many traders in the stock market experience. Traders in the stock market are often confused because they don't have their flagship stock, so they only trade based on rumors. In fact, they only tried to buy shares which turned out to be illiquid shares. There are so many traders who try to enter fried stocks without planning and the stock ends up sticking out.
Have I experienced such a thing? Of course ever. That's why I dared to write this post. Because it is proven, traders who have reliable stocks or if according to my terms are "comfort zone stocks", traders have the potential to earn money from the stock market.
In essence, with the stock of choice you can trade according to your taste. You already know which stocks to buy based on technical analysis. I personally have tried this and it proved to be profitable. If you don't know how to set preferred stocks, please read the post: Setting Preferred Stocks Trading Part I.
If the trader already has the stock of choice, the trader usually has memorized his favorite stock. For example: memorize where the support and resistance points are, so you already know when to buy and sell. But keep in mind, everything takes practice and process. Nothing is instant.
So, shouldn't you try trading in other stocks?
It is not like that. I would suggest that you be sensitive to market conditions. That is, you must be able to pay attention to the economic conditions that occurred at that time. For example, when Antam's gold price starts to rise, ANTM's shares also start to be bullish. When the price of crude oil started to rebound which initially fell from US$ 28 per troy ounce to US$ 33 per troy ounce, the shares of mining energy companies, such as ADRO, ITMG rebounded rapidly. Even if you rarely trade in these stocks, you are welcome to put your funds into buying those stocks, so you can reap the rewards. It also indicates that you are sensitive to market conditions.
But, even if you have stock options, you also don't be careless. What does it mean? That is, back again: you have to be observant to see market conditions. When market conditions fall, even your chosen stocks can and are very likely to fall, even though technical indicators have indicated a rebound. In bad market conditions, technical analysis is likely to fail to predict stock prices.
