Can You Beat The Stock Market?
Trading can be done in plenty of ways. You get to decide whether you make large profits in the long term or small profits quickly. Either way, you get to use a lot of technology to make your work simpler. Whether you are looking to automate the entire trading process or parts of it there are bots to do that. To trade with the support of a broker there are many available online like the uTrader. So you get to set your trading path with full freedom and control on the decisions you make.
While you get to control the profits you make can you really beat the stock market? Working along the tide is pretty simple. But have you thought about turning all the odds and making even the worst situations to your benefits, in trading? Beating the stock market means making gains that are better than what the market indices indicate. While many traders easily make profits there is the factor of fees to be paid to the broker, to the exchange and other such expenses. Most of the index funds function in a way that doesn’t allow you to beat the market. But when you really open your eyes and explore the options there are many funds that boast of a very low fee. This would be a great way to beat the market.
Do not sell your assets any time soon
Holding on to an asset for a few months or years is something that many do. But we are talking about holding on to them for several years. If you choose a company, or an idea rather than a stock or a cryptocurrency and other similar assets, then you would know better how the asset would perform in the future. When the idea is good there is surely growth to be expected. This might be the type of situation where the longer you hold the bigger the profits you make. You can use them as your retirement funds. All you do is to simply set a position and then forget for several years. Look for index funds or ETFs that come with low fees. You would be able to get close to paralleling the performance of the market if not beat it. So it is indeed a great place to start. Finally, look for the best lows to place a buy order. That would help you invest low and take large returns.