Re: Dumb luck, superstition, and learning . . .
Posted: Thu May 27, 2021 8:18 pm
when you let your "gut" or emotions guide the way you invest, you will lose every time.
I not a pro, but definitely not an amateur at investing...and I can remember back when I lost my ass off based upon feelings.
You have to invest based upon what the market is showing you...reading the market as you would say. like the above author Larry Swedroe says...there is no forecast.
How many times does a company come out with great earnings...and the stock drops? doesn't make sense does it. You have to take what the market is showing you and adjust accordingly. There are no predictions for tomorrow until the sun rises. Making money today in the market seems rather easy, its keeping it, knowing when to sell that's hard. Just my 2 cents.
I not a pro, but definitely not an amateur at investing...and I can remember back when I lost my ass off based upon feelings.
You have to invest based upon what the market is showing you...reading the market as you would say. like the above author Larry Swedroe says...there is no forecast.
How many times does a company come out with great earnings...and the stock drops? doesn't make sense does it. You have to take what the market is showing you and adjust accordingly. There are no predictions for tomorrow until the sun rises. Making money today in the market seems rather easy, its keeping it, knowing when to sell that's hard. Just my 2 cents.