RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:MrsGoldminer's reason's why you suck at playing stocksVery common story Back years ago as we did not have all this Hi-Tech stuff we would plan out every trade as if you waited to read about a run in the paper it would be too late.That's were history came in as in you would take a average over ten years and come up with a were to buy and sell plan.So you would place your order in ahead of time so when you could not follow it or call your broker ten times a day you did not have to worry about as with work and family life there was not lots of time.Now you have cell phones and alarms to tell you if there was action,but not all. If I was not retired and working it would be a lot harder to do so I would have to go to pre-plan
That's why no matter what,,,,,, you should know in advance what you will pay for it and what you will sell for.I leave a bit in the truck just in case it really does take off
My tale
Stock market was bad and very boring so tried my luck at poker! 90's
Giving it back I know all about that as in On-Line Poker is a game you can play 24/7 and very additive.One night I was losing a lot and was down to $79 dollars and I started to buff and win.When the night was over I had won 5k USA funds Saying to self I know how to beat this game now,,,within one week it was all gone.
I made sure I could not use my charge card anymore and got away from that addiction and I started spending more time in the proper way to play the market and went back to my friends teaching.Well long story I have easily gotten that 8k back and then some
Note On-line poker and stocks have the same odd's 95% will lose
The cyclical nature of the market is the second most important thing that you have to know after psychology
Thou shalt understand the market and it's psychology buy low sell high