it's a scam by mutual funds or dividend reinvestment programs.i lost so much money with the buy&hold strategy;yeah.hold this,you wouldn't believe it.then i read a very interesting article by justin kueppner on day trading as well as some other literature.here is the philosophy,which for me has been working quite well.mind you,i have only been seriously trading for eight months,but remember this.what took me almost 27 years to loose with bs brokers,cramer,mutual funds&drip's,plus the bs on cnbc,etc.etc.etc.,i have made back over half of what i lost!hard to believe?it's the truth.
the rules.
1 follow the rules you set up 2 don't be greedy 3 you make more money by being out of the market than by being in 4 only listen to yourself.you have a brain,use it 5 plan the trade&trade the plan 6 "success is impossible without discipline" 7 do not run or chase after a stock.let the stock come to you.buy the stock at your price,not thiers. 8 most importantly,PATIENCE!w... the rush?STAY CALM
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INDEXOR IS 100% RIGHT.
Oct 16 10:22 am
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All Comments by daytrader »The Dangers of Timing the Market [View article]
it's a scam by mutual funds or dividend reinvestment programs.i lost so much money with the buy&hold strategy;yeah.hold this,you wouldn't believe it.then i read a very interesting article by justin kueppner on day trading as well as some other literature.here is the philosophy,which for me has been working quite well.mind you,i have only been seriously trading for eight months,but remember this.what took me almost 27 years to loose with bs brokers,cramer,mutual funds&drip's,plus the bs on cnbc,etc.etc.etc.,i have made back over half of what i lost!hard to believe?it's the truth.
the rules.
1 follow the rules you set up
2 don't be greedy
3 you make more money by being out of the market than by being in
4 only listen to yourself.you have a brain,use it
5 plan the trade&trade the plan
6 "success is impossible without discipline"
7 do not run or chase after a stock.let the stock come to you.buy the stock at your price,not thiers.
8 most importantly,PATIENCE!w... the rush?STAY CALM