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Farooq

Importance of daily routine while trading

Homedaily routineImportance of daily routine while trading
21
Feb
Importance of daily routine while trading

Following a Routine can get boring sometimes but not when the routine is backed with being alert and
on your toes. One such exciting routine is when you are an investor in the stock market where every day
is different from each other.

Various aspects of Investor Routine

  • Waking up Early
  • Reading up the Financial Daily & other financial news
  • Spending time trading in the stock market
  • Spend time setting goals
  • Reading about the companies you invest in

The most successful investors spend time doing the above things as part of their daily routine to be
successful.

Waking up Early

Waking up early helps you keep your health good which is important for being an investor as investing can be quite stressful due to the market being volatile most of the times. However waking up early is
possible when you get a good night’s sleep which means rest time is the key.

Reading up the Financial Daily & other financial news

Reading the Financial Daily is as important as reading a holy book. For an investor the Financial Daily is like a holy book which provides all information about various aspects such as

  1. Stock Market News
  2. Various aspects impacting the Stock Market
  3. Rates and data on various shares
  4. Tips and tricks to be a better investor & much more

Did you know?

Warren Buffet spends 80% of his day reading which has helped him improve his investment skills.

Spending time trading in the Stock Market

If you are a day trader then spending time trading at the Stock Market is very important as your
portfolio depends on your trading skills and the time you spend trading.

If you are a long term trader then keeping an eye on the company you have shares in and having a
general overview is good enough though there should be a routine set to check the portfolio at least
once a month.

Spend time setting Goals

None of us invests in the stock market for fun but to grow the money. Setting the right goals is very
important. Goals can be short term and long term.

If you have surplus funds then going for long term investment is beneficial as you will hold the investment for longer time and get better profits.

If you have some funds which are not needed immediately but maybe needed within a year then
investing short term is the way to go.

To conclude:

Building a daily routine is in our own hands and if you wish to be a good investor then these are a
few tips to take note of.

You can contact us for more information by visiting our website : www.prajinvestments.com

or following us on Twitter : https://twitter.com/TraininginStock

or getting connected on https://www.facebook.com/StockMarketCourse

or call on 8080940750/04/03