Markets are known to be highly speculative during earnings season. Investors & traders should follow right steps to trade stocks during earnings calendar. It is the period that can make even a smart trader quite nervous to trade.
Stock analysts or experts start providing best stocks tips during this period. New & unskilled investors or traders often get stuck in wrong direction due to herd mentality.
Therefore, you are advised to remain calm & more disciplined during this period. It will help you to generate guaranteed profits from share trading. Here are 10 wonderful & profitable steps to trade stocks during earnings season:
[You can also watch an exciting video on this post from GetUpWise channel on YouTube.]
(1) Get Prepared In Advance
It is one of the first & best steps to trade stocks during earnings calendar. Corporate earnings are found to attract interest of huge number of investors & traders.
It is mandatory for a public company to provide quarterly earnings report 4 times a year. It is usually consisting of summarize quarterly performance, business strategy as well as corporate changes that have taken place over last 3 months.
According to Security & Exchange Commission (SEC), a publicly traded company should file quarterly report within 35 days of the end of quarter.
It should be available from any financial news site as well as from company’s official website. The quarterly earnings should be accompanied with earnings conference call streamed online. It often includes PowerPoint presentation to summarize important highlights.
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