IBD---The Big Picture
#1
Posted 27 December 2006 - 07:45 PM
#2
Posted 27 December 2006 - 08:45 PM
#3
Posted 27 December 2006 - 08:47 PM
Edited by Vector, 27 December 2006 - 08:52 PM.
#4
Posted 27 December 2006 - 09:00 PM
#5
Posted 27 December 2006 - 09:47 PM
I never anticapate or predict market moves. Think it is impossible to do so. Will let the market tell me.
Charles
And that's how you have accumulated over $2,000,000 starting from virtually nothing. Great trading discipline Charles.
Edited by Gary Smith, 27 December 2006 - 09:48 PM.
#6
Posted 27 December 2006 - 11:05 PM
#7
Posted 28 December 2006 - 12:30 AM
#8
Posted 28 December 2006 - 02:18 AM
- Graffitti
#9
Posted 28 December 2006 - 09:28 AM
#10
Posted 28 December 2006 - 09:50 AM
Thanks for the complemrnt Gary. Some may be able to predict what the market is going to do, but I don't really think so. I think disciplined money management is a far better bet along with the bet that the bulls are right more than 50% of the time. In other words play with the knowledge that the long side is the default odds on favorite ot any one time. And that is the way to bet.
Charles
EXACTLY!
Simply side-step the really big sustained declines otherwise just stay long thru ups and downs and collect dividends while you wait patiently for cap app. That's the extent of my timing. Money & risk management are way more important than anything else, including timing.
Contrary to popular belief the pullbacks since 2003 have not been "really big sustained declines". Not even close. They felt like it b/c we humans overemphasize the ST.
Its easy to take the hard road, hard to take the easy one.
Edited by Vector, 28 December 2006 - 09:54 AM.