Create a stock investing strategy in 3 steps
An investing strategy aims to guide confident, effective trading decisions. Without a strategy in place, investors are more likely to overtrade, let emotions take over, or inadvertently change their risk profiles. Any of those outcomes can limit long-term growth potential.
Whether your objective is generating gains or income, having a defined approach provides the best chance of success in the stock market. Fortunately, you do not have to be an investing whiz to create a strategy that works for you.
You can develop a solid, personalized investing framework in three steps.
Learn more: How to start investing: A 6-step guide
Risk tolerance describes how much volatility you will accept within your investment portfolio. Your…