You should start studying for a trade once you decide which market cycle the economy is currently in. Before each exchange, it is better to have some form of the framework in place that will be used. To help get you started here’s an easy 5-step formula.
Here are 5 Steps to Investing Online:
1. A Stock
This is the most obvious and most difficult step in stock trading. With well over 10,000 stocks to trade a good rule of thumb to consider is a time of the year. For example, as I write this, it is the beginning of spring. It would make sense to consider stocks that traditionally make runs, or slide if you are bearish, during this time of year.