A stock watch list is a tracking list of companies that you can create online, like at a site like Yahoo, or through a stock tracking portfolio. The list lets you keep all the information about the stock including the price, volume and 52-week information handy. You will also receive press and news released concerning the particular company so that you can stay abreast of the corporation's news. Naturally, having this type of information at hand can make it vastly easier to follow your stocks without too much hassle. However, a watch list of interesting stocks can actually allow you to make more money in your investments.
A stock watch list is very important to a stock trader. It is a list of stocks that you think you can make money off of, either on the upside or the down side. These are stocks you keep on the side and check regularly for a buy signal. Creating a watch list is easy. Every time you hear about a stock write it down and pull up a chart on it later. If you wish to invest in stocks, treat it like a business, NOT A HOBBY. You need rules and you need to follow these rules or money WILL be LOST. Once proven rules have been established, they cannot be broke or you will lose money.
If you haven’t done so already, create yourself a Watch List of stock ticker you’d like to keep on your radar. Use this to keep track of your ideas. You’ll want to constantly cull this list so you have a ready reserve of potential investments. Here are a few tips to keep in mind:
Keep your Watch List fresh. If a stock no longer meets your investing criteria, go ahead and delete it from the list. The goal is to have a list of stocks that are close to buy points. Try to go through the entire list weekly at the very least.
Don’t go overboard with the number of stocks. You want to have a list of the best buy candidates. Limit the list to the number of ideas you feel comfortable managing. You might even consider an absolute limit, and force yourself to remove a stock in order to add another one.
Don’t view the list sorted alphabetically. If you are viewing the list on an intraday basis, try sorting by Volume % Change. This will highlight those stock quotes experiencing exceptional volume. Alternatively, you could sort the stocks by an item like Composite Rating™, so the highest rated stocks are at the top.
A stock watch list is very important to a stock trader. It is a list of stocks that you think you can make money off of, either on the upside or the down side. These are stocks you keep on the side and check regularly for a buy signal. Creating a watch list is easy. Every time you hear about a stock write it down and pull up a chart on it later. If you wish to invest in stocks, treat it like a business, NOT A HOBBY. You need rules and you need to follow these rules or money WILL be LOST. Once proven rules have been established, they cannot be broke or you will lose money.
If you haven’t done so already, create yourself a Watch List of stock ticker you’d like to keep on your radar. Use this to keep track of your ideas. You’ll want to constantly cull this list so you have a ready reserve of potential investments. Here are a few tips to keep in mind:
Keep your Watch List fresh. If a stock no longer meets your investing criteria, go ahead and delete it from the list. The goal is to have a list of stocks that are close to buy points. Try to go through the entire list weekly at the very least.
Don’t go overboard with the number of stocks. You want to have a list of the best buy candidates. Limit the list to the number of ideas you feel comfortable managing. You might even consider an absolute limit, and force yourself to remove a stock in order to add another one.
Don’t view the list sorted alphabetically. If you are viewing the list on an intraday basis, try sorting by Volume % Change. This will highlight those stock quotes experiencing exceptional volume. Alternatively, you could sort the stocks by an item like Composite Rating™, so the highest rated stocks are at the top.
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