To listen or not to these experts ?
تم تحديثه
Morgan Stanley said this
Bond King said this
What do you say ?
You see, they both could be right. It is the timing that they cannot foretell. Nobody but the Market knows where the direction is going to be. At best, their views are a guide, reference point , something extra for you to consider in your own research.
When I look at the DJIA chart, this is what I saw and believe in. As such, until the trend proves otherwise, I am still cautiously bullish. Yes, what they said about the economic data are right but the relationship with the stock market is another thing altogether.
And that makes the market so mysterious and alluring to many. Like the moth that flies towards the fire and get burned willingly. Is it a single datapoint that moves the market or a combination ? If yes, which sets should we use ? GDP, unemployment, PMI, interest rates ? The list goes on and from an economic standpoint, all these data points are indeed very useful.
Again, there would be "gurus" out there who still want to peddle their "secret trade signals", some proprietary information that they have accessed to and are now selling to you. That itself is a giveaway.
They market it cheap , giving reasons like helping more people, limited time offer and what have you so that it sounds affordable and reasonable. This is all a mind's game. The idea is to earn your money.
On the flip side, because there are so much free information on the internet, trying to make sense who's genuine and what information to latch on is like searching a needle in the haystack.
And that is why I advocate starting on a small account, using demo account to test ideas from the different sources you have. Give it some time to run your test, be patient and draw the conclusions yourself. If at the end of it, you are satisfied and convinced that might be holy grail you are looking for, then you part your money with the vendor, eyes open. Should it not work out at the end of the day, at least you have done your due diligence. Just be careful the next round.
This is calculated risks that you are taking. Nobody can shield that for you. You gotta go through that yourself, your very own experience. Some of us are lucky as they have a shorter and easier learning journey while others have to undergo a more volatile one. Nevertheless, what doesn't break you make you stronger, right ?
Whether you are long or short, we are all participating in this probability game and no one knows the outcome till the end.
Bond King said this
What do you say ?
You see, they both could be right. It is the timing that they cannot foretell. Nobody but the Market knows where the direction is going to be. At best, their views are a guide, reference point , something extra for you to consider in your own research.
When I look at the DJIA chart, this is what I saw and believe in. As such, until the trend proves otherwise, I am still cautiously bullish. Yes, what they said about the economic data are right but the relationship with the stock market is another thing altogether.
And that makes the market so mysterious and alluring to many. Like the moth that flies towards the fire and get burned willingly. Is it a single datapoint that moves the market or a combination ? If yes, which sets should we use ? GDP, unemployment, PMI, interest rates ? The list goes on and from an economic standpoint, all these data points are indeed very useful.
Again, there would be "gurus" out there who still want to peddle their "secret trade signals", some proprietary information that they have accessed to and are now selling to you. That itself is a giveaway.
They market it cheap , giving reasons like helping more people, limited time offer and what have you so that it sounds affordable and reasonable. This is all a mind's game. The idea is to earn your money.
On the flip side, because there are so much free information on the internet, trying to make sense who's genuine and what information to latch on is like searching a needle in the haystack.
And that is why I advocate starting on a small account, using demo account to test ideas from the different sources you have. Give it some time to run your test, be patient and draw the conclusions yourself. If at the end of it, you are satisfied and convinced that might be holy grail you are looking for, then you part your money with the vendor, eyes open. Should it not work out at the end of the day, at least you have done your due diligence. Just be careful the next round.
This is calculated risks that you are taking. Nobody can shield that for you. You gotta go through that yourself, your very own experience. Some of us are lucky as they have a shorter and easier learning journey while others have to undergo a more volatile one. Nevertheless, what doesn't break you make you stronger, right ?
Whether you are long or short, we are all participating in this probability game and no one knows the outcome till the end.
ملاحظة
What a shock ! 1900 points drop within a night !!! Be cautious now
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