Important tips before opening a stock portfolio

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The first question that comes to the mind of every novice investor is how to open a stock portfolio and start buying and trading stocks and making profits. This can be done very easily through one of the banks in the Kingdom of Saudi Arabia, but before that there are some things that must be done in order to start investing properly. The correct one achieves the desired goals, which are:
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Evaluating current conditions: Planning for the future requires a good understanding of current investment data, and determining the position that the investor wants to reach in the future by making a comprehensive assessment of all financial assets available for trading, the size of liabilities, the size of cash flows, and other tools that help in making a correct assessment of the situation. Current and future goals are set according to a specific plan.
Determine the goal of the investment, before asking how to open an investment portfolio of stocks, by measuring the size of the potential risks and the size of the returns expected to be achieved from the investment, and thus the investor is able to determine the amount of risks that he can face and manage, as well as determine the extent of fluctuations that he may bear during the investment. These matters are the most important things that must be determined when formulating an investment strategy for a stock portfolio in order to achieve the desired returns. The investor can also determine criteria that help him track the performance of his own portfolio and manage his investment strategy.