Friday 27 April 2012

Trading Your Beliefs

You don't trade particular stocks.

Instead, what is actually happening is that you are trading your belief - be it in a stock, an indicator or a tool

For instance, if you believe that the market is going-up or it will go up - your most likely action is buy. However, if you believe that a stock is overvalued and likely to go down - selling or standing aside will be your natural action.

If you believe that a particular indicator is more effective than another - you are likely to use that particular indicator.

What are your beliefs?

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