Monitor Positions -Your Time Is Valuable
In my latest blog post I kicked off a new series where I’ll be breaking down the importance of monitoring a position and keeping a trade journal. If you’re going to effectively monitor positions then you need to embrace the idea of time management.
Most retail investors have a limited amount of time to allocate to their trades so proper planning is really a must. Some people can only carve out a chunk of their lunch hour to do research. Others have to catch up in the evening after work. If you fall behind in your research, getting caught up can be difficult so here are some easy things you can work into your routine, even if you only have 30 minutes a day to allocate to monitor positions.
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