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Personal investment plan

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Archie Heron
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Personal investment plan

Construction of a personal investment plan

Investors do not plan to lose, but they lose, because they do not plan "- this saying illustrates how important the preparation of a plan is.

Regardless of whether you are talking about long term investments on the stock market, short term contract and Forex games, whether it's just a hobby or a source of income - it's worth considering trading on the markets as a business.

The other elements are analogous - the investor must know why he invests and what are his investment goals, what capital will be involved, what the maximum allowable loss will be, it is also important to choose the market and the investment strategy and system, which will determine the moments of entry and exit from the position.

Before describing the components of a good investment plan, it is worth explaining why it is presented as necessary for each investor.

Avoiding such mistakes helps to create a market advantage and significantly reduces potential losses.

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Archie Heron