The main ingredient in market action is psychology; the psychology of the market
and man’s nature and relationship and reaction to the stock market.
You had better know about these “AND HOWS?”
· “How do you know where the cycle is?”
· “In which direction is the market headed?”
· “How do you know what and when to buy?”
And equally important
· “When not to buy or when to sell?”
· “Who do you listen to?”
Gurus, market advisors, analysts, brokers, media, newspapers, books - on and on
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· “Whom do you trust?”
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My answer to you is “nobody but yourself.”