Enhancing Trading Decisions with Finosaurus
In this guide, we will explore how to use Finosaurus to make informed trading decisions that maximize profits within a week. You will learn to effectively sort trades, select categories, and assess recommendations based on potential profit and advisor accuracy.Start by downloading the Finosauras mobile app now.
Step 1
Welcome. Today, we'll guide you on utilizing Finosaurus to make smarter trading decisions. We are currently on the Trades page of Finosaurus. Let's assume you have an amount ranging from 20,000 to 30,000 to invest for a week with the aim of maximizing profits.
Step 2
Begin by sorting the trades based on the highest upside potential.
Step 3
Next, if your interest lies in stocks, proceed to filter the trades by category.
Step 4
Select the 'Stocks' option.
Step 5
Since we are considering a weekly timeline, choose the 'Weekly' period.
Step 6
Observe all the stocks recommended by various advisors presented on a straightforward dashboard. For instance, a particular stock is recommended by Lakshmi Shree, a SEBI registered RA, with a profit potential of 11%. Another example, IndusInd Bank, is recommended by Official Sam Co., also a SEBI registered RA, with a profit potential of 7.35%.
Step 7
Compare both tips to identify differences: the accuracy of Lakshmi Shree is 40%, whereas Sam Co. has an accuracy of 60%. Consequently, you have two trade options with varying profit potentials and advisor accuracies.
Step 8
As an informed trader, decide whether to trust an advisor with higher accuracy or to take more risk to potentially optimize profits. Thank you.
