A.I.M. Users Bulletin Board

[Conrad]

TooFuzzy, to take emotion out of investing or not is a matter of perspective on what you mean by emotion. . .there are enough books on the subject to argue that emotion is just THE thing that makes it possible to make correct decisions. . .the gut feeling part of doing things: “Follow your Passion” is a guiding principle for success. Some people call emotion an uncontrolled jittery reaction to everything that happens. . .a bit like Old Man Simpson runs his life.

A passionate investor is not by definition a stupid investor but I would bet Old Man Simpson could not earn a dime with investing with or without an AIM or Vortex system. I am a firm believer in the idea that one should at all times have his finger on the beat of the market, the economy and the emotion of the nation and be prepared to trade accordingly. . .that could be called an emotional approach but I think that is an effective way to invest. . be emotional about you money but avoid being stupid!

In that way if one is passionate about seeking out all the tricks of the game and gathering a lot of know-how about a fund and the market then he can be an effective investor. This way one can change his investment management any time the signals require it.

Without emotion one could start out on a course that is disastrous but not recognize it and putting too much faith in The System to let it call the shots and not worry about it can lead one to the graveyard.

I agree that running with the cattle in a stampede is not a good basis for investing. . .but I can be very emotional about cashing out when the prices have been running high for a long time at the moment the cattle is stampeding to get in too in order not to miss the next price rise.