Saturday, 9 April 2011

Investing, Trading and emotion

It is easy to say that buy during recession and sell when things are over optimistic. But it is impossible to time the market. 
In addition, you can buy during recession provided you got cash and got balls. 
You can sell when your counters are making profits provided you can overcome your human greed nature and will not complain if the counters going up even futher. 

Of course, can also use TA and FA to determine buy or sell if you are confident that your TA and FA are far more superior than the billion people in the market.

Emotion in trading or investing is very important.

(Almost fallen asleep today when reading the Trading for a Living but did not fall asleep when I try to read P Dorsey, J Mansueto - The Five Rules For Successful Stock Investing. Maybe I am really a FA instead of a TA person? But rationally, I think it be good to know both right?)


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