How to pick the Best stocks

Oluwasegun purpose

Active member
Incorrect Category Posting
A one-size-fits-all approach to stocks just doesn't work very well..the same stocks that produce big profit for short term traders will often cause big losses for longer-term investors... we'll take at look at the reason why later in this report..for now just remember that the best stocks for you depend on your personality and lifestyle....

Do you like really fast matra- day trades? Or do you like to hold position for several days, weeks, months or years? Do you like sitting at a computer for hours or days at a time? Or would you prefer to spend 30 minutes a week? from a life style point of view, it's best to choose.....

Time frame
some stock show a tendency to trend upward for thirty minutes to an hour,,and then trend downward for roughly the same amount of time..this is ideal movement for quick trades .. other stocks exhibit similar up and down movement,yet the price action take much longer days or even weeks..these stocks are best suited for longer term investors....

in either case the best stocks are stocks that match your individual personality,as an investor the simplest way to accomplish this is to use price charts displayed in time frame that match your particular style.....


let's say you have full time access to the market and prefer a large number of quick in and out trades during the day.. in this case your charts of choice will likely display very short tune frames- such as five- minute fifteen- minute or thirty- minute bars......
 

Holicent

VIP Contributor
It can be hard to choose the best stocks, but there are a few ways to improve your chances of success. The following are some pointers for selecting the best stocks:

Do your homework: Examine the earnings reports, financial statements, and other pertinent information of the company. Look for businesses that have a track record of success and strong financials.

Think about the business: Look for businesses that are expanding or that have bright future prospects. Industries like renewable energy, healthcare, and technology, for instance, are all anticipated to expand in the coming years.

Search for upper hands: Look for businesses that have a competitive advantage, such as a unique product or service, a well-known brand, or a large number of satisfied customers.

Take a look at the management team: Search for organizations with experienced and successful supervisory crews that have areas of strength for a for what's to come.
 
Top