Emotion Pendulum - Greed Or Fear ?

Emotion Pendulum - Greed Or Fear ?

My Trading Quotes

The best trading method is to take advantage of the crowd's greed and fear. One must be able to read the current level of the market's hidden energy to be a master trader. A low-risk, high-return trade is a trade that is aligned with fundamentals and opposite the current market peak emotion. ----------------------------------------------------------------------Jimmy Chow

Saturday, February 12, 2011

Experience

Speculators often prosper through ignorance; it is a cliché that in a roaring bull market knowledge is superfluous and experience is a handicap. But the typical experience of the speculator is one of temporary profit and ultimate loss.---Benjamin Graham

1 comment:

james said...

I would like to say something about trading verse buy and hold. I think that their is a middle ground when it comes to this and that is longer than months but not decades. Holding a stock as I have for say 2 to 5 years has worked very well for me.