It’s possible that you can do two things at a time if you make an extra effort. Even if you are an entrepreneur, a full-time employee, a housewife, or a student, you can still be a good stock investor or a trader. You just have to learn the basics of doing more than one activity in a day because learning how the stock market works will require a significant amount of time at first try. But when you learn the fundamentals already, that’s the time that you won’t have to exert so much effort just to earn from stocks. Here I share with you my top 3 tips to earn in the stock market even if you are busy.
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Invest in knowledge. It’s going to be a challenge at first especially if you are not familiar with anything about stocks. The most important things you must learn is that investing in your knowledge is one of the best advantages you can get from investing or trading. You need to make time to study and learn every day. You must study the basic first then move to learn the fundamentals and technicals so you can read charts and monitor the movement of your investments. Don’t listen to other people saying that it’s hard to understand the stock market. Look at the kids who are in the process of mastering stocks. If they can do that, there is no doubt that you can do it as well. Keep learning.
Earning from stocks when you’re busy means you have to exert extra effort. Double time is needed because you’re doing two things simultaneously. The best way to trade or invest even if you are caught up with other priorities is to divide your effort into 50-50. The half for your other priorities and a half for trading or investing. Remember that it will still change when you get a good grasp of the stock market already. But initially, make it a 50-50% effort so you can still earn a good amount of money. Don’t doubt your capability. When you have the knowledge already, a little extra effort wouldn’t hurt your time.
Some traders and investors get too emotional over the results of their portfolios. What you need to do is to stop buying or selling without thinking carefully. Avoid being impulsive. Don’t let time pressure you to sell or buy immediately. Keep your mind intact and rely on the plans and strategies you have when trading or investing. Do not let your emotions meddle with your decisions because if let this happen, you’re going to lose your money. Being impulsive may work on some other things but never in the stock market. Do not break away from your plan.