|Most Bullish||Percentage||Most Bearish||Percentage|
“Developing a trading plan, and sticking to it, can help traders lower their anxiety and keep their trading on track in the New Year and beyond,” said Randy Frederick, Managing Director of Active Trading and Derivatives, Schwab Center for Financial Research. “Diversification and a proper asset allocation plan, setting realistic profit goals and determining proper loss thresholds are all critical factors for traders looking to devise an individual plan, and keeping things simple is often the most effective course of action.”Looking ahead to 2014, 46 percent of traders indicate they intend to devote more time to trading education as part of their New Year’s trading resolutions, while 43 percent intend to identify new trading opportunities. Additionally, about one quarter (28 percent) of participants said they plan to develop and follow a trading plan. “The focus on building knowledge in the New Year is particularly noteworthy as it is a trend that we are already seeing from our clients with record attendance levels at our live and virtual education events around the country,” added Keough. “Traders remain focused on the importance of assessing what’s worked and what hasn’t. They are taking advantage of the education that is available, and consulting the experts if a course correction is necessary – all hallmarks of an informed and sophisticated trader.” Data from the Charles Schwab Trading Services Sentiment Survey were derived from 781 responses of participants in Charles Schwab’s Trader Education event that took place on December 3, 2013. More than 550 traders attended the event in person and more than 1,400 people participated in the live online component of the event. Schwab provides traders with superior trading platforms, free seminars and workshops, online education resources and 24-hour access to experienced trading specialists, with no minimum trade requirements. For more information, please visit www.schwab.com/trader or call 888-245-6864. Follow us on Twitter: @Schwab4Traders About Charles Schwab At Charles Schwab we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients’ goals with passion and integrity.