A Conversation for The Stock Market
winners and Losers
Stuart Started conversation Aug 25, 2002
‘Many experienced traders will tell you that playing the market is all about research, preparation, and discipline.’
They are right. It is possible for anyone with the above mentioned skills to make money on the stock market.
Research is probably the most important. With the advent of the internet, there is a wealth of information available; you just need to know where to find it.
Preparation is important. Define your objectives and stick with them. Don’t gamble!
Discipline:. There will be times when the indicators say buy or sell when your instincts are telling you the opposite. Stick with the indicators. They are not always right, but they are more often right than wrong.
The difference with the Stock Market over Horse Racing is that with Horse Racing, there has to be a winner and a loser. With the Stock market, everyone can be a winner, or at the very least not a loser.
If you wish to gamble on the Stock Market, fine go ahead, you will probaly lose.
Stuart
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