The more I invest the more I feel that money and mind management is one of the more important aspect of investing, might be even more important than superior TA and FA. I believe that many of the investors including me encounter one or more of the following:
- Use TA and FA and found a good price to enter a stock. However, the investor does not have enough money to invest at that moment due to lack of funds or over invested
- Have too much money not invested but miss the chance to enter at GSS due to fear in mind
- Have too much money not invested and anyhow enter the market without proper analysis due to itchy hand and mind.
Thus it is important to train your mind to buy low sell high while having a proper money management such that you will not be over or under invested.
1 comments:
3M's - Method, Mind and Money. All three must work in harmony; and you will make money over multiple market cycles. Your method can be simple but your mind and money mustn't.
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