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Stockrocketer

05/29/15 1:44 PM

#30607 RE: baulsdp #30602

Some know, the Stockmarket imagines not a Roulette, everybody can gain something only if he respects the Stock Law and some orders of the wealthy trading. Everybody can make good and bad decision, be deceased or survives with gains. If somebody is buying on the highs,
does not respect this rules, so only burns the cash, remember THE SHARE IS NOT A LUCKY TICKER, what some people consider to be.
The fool blind hopes are destroyed permanently. Share is only a kind of Goods, on highs we sell and on lows, when the Market condition of Share is responsible to price up expectations, we buy.

JJ8

05/29/15 1:44 PM

#30608 RE: baulsdp #30602

Not surprising, baulsdp. Indeed many do buy based on charts.

T/A Novices/Enthusiasts think the price chart is the driver just like the cart drawing the horse;-) when it is just the opposite.

The Experienced are more aware of the realities and include the F of the stock. Both are required for success in the long run. Timing is important in both buying and selling. Chart patterns are no guarantee and are about 53/47 in the long run. Knowing when to sell is important and requires much more knowledge about the market dynamics of the time (and moment!). Without a clear understanding of one's goals and time-frame and price objectives, one is left just like in open seas without sails. Unfortunately the majority of those involved belong in the latter group and only a minority successful in this easy looking 'game' that lures many for easy riches. GLTY