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Don't Chase Stocks
GET POWERFUL IDEAS DIRECTLY TO YOUR INBOX The Perils of Chasing Hot Stocks People love hot stocks, those names that are making big gains on strong volume and attracting a crowd of speculators which continue to drive it higher. Invariably what happens? They end up losign money in monster stock? Why because they made an emotional…
Stock Market Insight- Stop Thinking!
Source: Stockscores.com Perspectives for the week ending February 18, 2013 This week’s Trading Lesson You cannot expect to do well in the market if you look at investing in a normal way. By definition, being average is doing what most other people do and since investing is largely a psychological game, doing what other people…
Focus on Probabilities, Not Possibilities
The Great Disconnect: Wall Street vs. Main Street The S&P 500 hit a new all-time high this week and topped the psychologically important 2,000 level for the first time ever. The S&P 500 is up approximately 8% for the year, after rallying a very impressive +29% in 2013! If you lived on another planet and…
Alan "Ace" Greenberg on The Rise & Fall Of Bear Stearns
Alan “Ace” Greenberg on The Rise & Fall Of Bear Stearns
Hedge Fund Market Wizards— “Five Market Wizard Lessons” Jack Schwager
This book should be a good! My copy just arrived and I’m looking fwd to reading it over the long weekend! 1. Interview with Jack: http://hw.libsyn.com/p/e/e/1/ee17590e593cecee/TrendFollowingManifesto052212.mp3?sid=4613df5d6a9030ffbc1e05ccfd7340f7&l_sid=35470&l_eid=&l_mid=3017493&expiration=1337819551&hwt=c97a9cbe04029ff32705664d59ab4dff 2. “Five Market Wizard Lessons” after the jump Jack Schwager: “Five Market Wizard Lessons” Hedge Fund Market Wizards is ultimately a search for insights to be drawn from the most successful…
10 Ways To Control Your Emotions On Wall Street
Fear and greed drive investor decisions in destructive ways. People want to buy stocks that have been going up for some time because their market performance gives legitimacy to the story. A stock that is falling sharply brings out sellers eager to get out because of their fear that the stock will go lower. You…
