Creating and maintaining your own Stock Portfolio
The basic purpose of creating and maintaining your own stock portfolio is to maximize your gains, minimize cost and reducing risk. One of the most common mistakes investors make is losing track of their stock investments. If you hold more than three stocks then it is essential for you to track your stocks with a portfolio. Many of the investors does not want to take the headache of buiding a portfolio. That is the reason why most of them decide to pay excessive fees to their stock brokers or portfolio managers for the peace of mind and hoping that their money is in safe hands. In reality what happens, many of the manages cannot take a decision for any individual investor under them for timely implementing the entry exit rules. For any investor it is very important to enter the market at the right time and take profit occassionally. If you are so serious in investing you have to spend little more time to plan and manage your investments. Building your stock portfolio which meets your investment objectives will substatially build your wealth over a period of time. Read more
Why most of the traders fail in day-trading?
Day trading is the most difficult mode of trading for those who have experienced it. Throughout the trading period, traders have to keep maximum attention on price volume movements, announcements, news, analysts opinions etc., means every tick of second counts the process. Generally says that 90% of the day traders fail, I do not know this is true or not, but I know many have attempted and failed. Everyone cannot be successful in trading business and many of the failed traders are showing similarities in their trading approach. Here are the most common reasons given below showing why many of them fail:


