How To Properly Set Trading Goals for Yourself
When you first started investing, did you trade just to trade? Or did you have an end goal set in place?
There’s a popular phrase we like to say around here: “Not planning is planning to fail.”
It’s smart and strategic to have an end goal in mind about what you plan to accomplish with trading at the end of the year. It keeps you accountable and helps you get to the bigger picture of where you want to be in your trading path.
Let’s say your trading goal is to make $52,000 by the end of this year.
From there you can break down that there are 52 weeks in a year, so you’ll need to average $1,000 a week.
Do you know what type of investment strategy you’ll need in order to make that happen?
P.S. Small-cap stocks have the potential to rally faster than their bigger, blue-chip cousins. And yet many people ignore this sector in favor of companies they’re more familiar with.
But that’s a huge mistake.
Right now, small caps look to be on the verge of a massive breakout. In fact, they’ve already allowed Roger Scott to signal impressive winners, like 118% on PFSI… 153% on DDD… and even 414% on CNE.
WealthPress Senior Strategist Roger Scott says the key to making these returns is learning how to spot small-cap “microbursts” before they happen… and then riding that momentum as the stock climbs higher.
He’s even agreed to show us how he finds these little-known microbursts.