The Stock Market Splits
Remember the stock market does have a crystal ball into the future and since 2009 the Nasdaq has made some fancy gains.
This author has yet to write their bio.Meanwhile lets just say that we are proud Richard Lie contributed a whooping 107 entries.
Remember the stock market does have a crystal ball into the future and since 2009 the Nasdaq has made some fancy gains.
Greed and Fear drive the somewhat irrational excesses and this current ‘price over reason’ behaviour is blowing many minds.
If we learn how to cut big losses, we don’t take them. If we learn how to protect profits, we keep them. It’s that simple.
The weekly perspective gives me clarity and the ‘distance’ to assist me in formulating and implementing a trade plan effectively. The ‘noise’ drives us farther from the truth.
Perspective, reality, panic, fear, expectations are just some of the emotions we endure. We counter these forces with focus, control and discipline.
The thing is: We already know what we need to know to make money. It’s how we put it all together that matters. One step at a time.
Good traders are like the surfboard riders who catch the wave as it breaks, they ride it hard, and hop off before it flows back into the sea.
Take control of your own super
Investing is a mind game. How do you control the emotions such as paralysis, fear and doubt that swirl about in our heads?
Our brain is a tireless and emotional ‘worker’ but it is also smart enough to make us aware that we need to be able control those emotions to be a consistent, vigilant, controlled investor and ultimately a profitable one.