Should you trade? It’s a question many investors ask themselves. In reality most investors don’t want to day-trade and sit in front of their computers all day. Rather, most investors fall into the category of ‘active investors’ where ‘trades’ have time-frames of a few days to a few weeks or months. Most investors can fit this type of ‘strategy’ into their lifestyles. A few key questions need to be asked however, before one begins the active investing journey.
1. Can you spare 45 – 60 minutes per day?
2. Is your life distraction-free at the moment?
3. Do you have sufficient funds for active investing?