Market Prediction for 12/26/2011: DOWN
Prediction Record 2-0
Winning Pct. 100%
Happy Holidays to everybody!
We are almost at the end of the year and I am thinking of ways to improve myself and improve my blog. The best way to do that is to help people make money in the stock market. Again, I want to repeat, what I have said before, it is a proven fact that most self directed people using an online broker-lose money. Well that begs the question, why does that happen? There are multitude of reasons. Let's keep it simple and list the things that will make you profitable:
1. DO NOT over trade
2. Pick a strategy and stay with it
3. Buy good companies with good fundamentals
If you do these 3 things alone, you will OUTPERFORM the market. But, people don't follow their own rules and the reasons are fear and greed.
The moral of the story is that we can all make money in the market by following the 3 rules above, it sounds too simple doesn't it?
Start Date: 12/12/2011
Starting balance: $10k
Current Balance (interday): $11,576
Gain: 16%
Prediction Record 2-0
Winning Pct. 100%
Happy Holidays to everybody!
We are almost at the end of the year and I am thinking of ways to improve myself and improve my blog. The best way to do that is to help people make money in the stock market. Again, I want to repeat, what I have said before, it is a proven fact that most self directed people using an online broker-lose money. Well that begs the question, why does that happen? There are multitude of reasons. Let's keep it simple and list the things that will make you profitable:
1. DO NOT over trade
2. Pick a strategy and stay with it
3. Buy good companies with good fundamentals
If you do these 3 things alone, you will OUTPERFORM the market. But, people don't follow their own rules and the reasons are fear and greed.
The moral of the story is that we can all make money in the market by following the 3 rules above, it sounds too simple doesn't it?
Start Date: 12/12/2011
Starting balance: $10k
Current Balance (interday): $11,576
Gain: 16%
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