The fastest way to take a bath in the stock market or go broke is to try to prove that you are right and the market is wrong..
It’s very easy:
Do your homework (stock analysis);
Track the trend;
Don’t let the market influence your decisions…
…but listen to the market.
There are huge fluctuations in the market were you lose your money:
It’s a moment when you must keep your bright mind and calm. But you can see trends as well:
The trend is you friend. The trend is only one way to earn in the market. So follow the trend, follow the market. The hardest thing is to overcome ourselves when the market fluctuates or is in turmoil.
And the almighty Alligator can help you. Look at the chart.
The price is above the Alligator – it’s a trend UP.
The Alligator eats you profit when the price twists around the Alligator. The best way is to stay out of you computer and wait. The rush is the worst adviser…