Look Out The Window
Quick, look out the window. It's raining. No, the sun's out. No, it's cloudy. Wait a second, it is changing again, but I can't tell what it is going to do.
Kinds like the stock market. Up one day, down the next, then goes sideways. That stock I bought is not acting right. Maybe I should sell it, but I'll wait another day. My broker (the weatherman) says it will go back up.
At the beginning of every year we hear stock market forecast (whether we want to or not) and every one of the "experts"...
What is Involved in Peak Performance Trading?
There is so much involved in developing peak performance, that I recommend that all traders have a business plan. We recommend that the business plan cover all of the following areas.
? Your vision.
? Your purpose.
? Your objectives.
? A thorough self-assessment of your strengths and weakness, based upon real trading logs that you collect (if you haven't done so already).
? A thorough assessment of the big picture of the fundamentals.
? A complete understanding of your beliefs about the market....
Do You Know What is the Single MOST Critical Mistake in Trading the Stock Market??
Well maybe that's overstating it a little, but it's certainly one of the most important.
It is?(drum roll please)? "the need to be right"!
Now that probably wasn't what you were expecting. You might have thought it was going to be something like not picking the trend or putting too much money on a single trade or one of a dozen other things.
But I can assure you, from bitter experience, that this one attitude causes more problems than most other things you might do as a trader. And it's worse for men!...
The Stock Trading Plan - Why You Must Have One To Trade Successfully
This is the continuing story of our two imaginary traders, Peter and Paul.
Peter is a professional trader, Paul is not. Peter has a tested, proven, written trading plan that he follows each time he enters a trade, Paul does not.
Peter and Paul have had vastly different Stock trading experiences - Peter has just made another substantial profit - this time from the Bear market, Paul has lost heavily.
A chance meeting with Peter's group of friends one day at lunch launches Paul on a learning curve that will see him become a good trader, but not without some hard lessons along the way....
Cash Is A Position
I go to the Money Show every year to visit withfriends who have booths and are speakers. Thenwhen folks are filing out of lectures I listento their comments on what I know the speaker hasbeen saying.
The Money Show is for investors from all walksof life; however, my guess is the median age isclose to 60. Those who go have accumulated anest egg and now are retired or very close toretirement. They came to learn more about how tomake their money grow.
Last year there were 256 separate events notcounting what was given in the Exhibition Hall....
Forces that Move Stock Prices
Among the largest forces that affect stock prices are inflation, interest rates, bonds, commodities and currencies. At times the stock market suddenly reverses itself followed typically by published explanations phrased to suggest that the writer's keen observation allowed him to predict the market turn. Such circumstances leave investors somewhat awed and amazed at the infinite amount of continuing factual input and infallible interpretation needed to avoid going against the market. While there are continuing sources of input that one needs in order to invest successfully in the stock market, they are finite....
The stock market has been in an up trend for more than a year. Almost everyone is feeling good and many believe we are back in the old bull market with the previous high of the Dow Jones Industrial Average just about to be broken.
This could be the case, but what if what we are seeing is all glitter and only has sparkle with no value whatsoever. Any one who tells you he knows is either a liar or a fool. Only the market itself will tell what it is doing and very few take the time to learn its language....
A Stock Market Investment Plan that Never Lets You Down
The bulls and bears of the stock market are both tempting and scary to the investors. Speculators are enchanted by the stock market's potential to help them in making quick money with a big M. While those who tread with care and caution, often shy away for fear of losing. However, the stock market is not all about speculative gains or black Tuesdays. It is a place where committed companies look for raising money to fund their activities. Serious investors can actually create wealth not only for themselves, but also for the companies and the nation....
A Common Misconception about Stock Prices
I cringe every time I hear a novice investor tell me that they only purchase low priced stocks because they offer higher potential gains. A common phase I hear is "I like to buy $1 and $2 stocks because they can double easily and I will make a 100% profit".
My reaction is to always let these people know that "stocks are priced low for a reason, just as stocks priced high are there for a reason".
Like anything in life, quality is never offered at a discount. When I am in the market for a car, I don't expect to purchase a Mercedes for the price of a Pinto....
Ignore Stock Market Talking Heads
You should ignore analysts on TV, the radio, the newspaper and all other TALKING HEADS when it comes to investing! What stocks do they talk about? - The same old group, every day of every year - Why? Because they don't know any better, they are sheep like the general public, repeating what every economic textbook says and every other economist tells them to say. Everyday, the same companies are highlighted on the evening news -
They aren't going anywhere. Some of the stocks that make the headlines every night were leaders of the market 20 years ago....
How to Pick Winning Stocks
There is nothing more exciting than finding an undervalued stock and seeing it explode out of nowhere rising in value 100% or more in a few weeks. Some stocks can move as much as 1000% in a year and?. Even after the stock market crashed in 2000, some stocks still have gone up 500% or more in a year.
So how do we find these? Well first let me say that there is no way to know which ones are going to double or triple in value. If we knew then we could literally "bet the farm" on the trade....
Pages: 1 2 3 4 5 6 7 8 9