A Wise Investor Never Neglects Portfolio Management

A wise investor is the one who always have proper check and balance on its portfolio. An investor who invest amount but dont look after its portfolio will never be a successful investor.

After the investment you must keep on checking your portfolio in order to reduce your losses. Its some time that when you invest market go down and it stays their for long time.

So, what an investor do in such situation? Should they wait for the long term or keep on reducing their loss. It depends upon the nature of investor.

But investors who do proper check and balance will surely do their best to bring down their buying average and also to reduce their losses.

How is this possible and how could we do it? This is very easy and only needs your sharp mind.

RSI indicator will help to do this and that is very simple. As you are already invested and its easy for you to buy and sell with more confidence.

Whenever RSI reaches 60 or above keep on selling your holding and when RSI reaches 30 or below keep on buying again. Keep on doing this and a time you will not that your buying average have come down.

Therefore, it is always advised to keep proper check and balance of your portfolio in order to enhance your profits.

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