Never again." In the 1970s, just about all investors used a buy-and-hold strategy. They searched for "undervalued" stocks, purchased shares, held them, and waited for them to increase in value. Sometimes it worked, but many times it didn't. And even when it did work, profits Buy Email Database weren't anything near what an active, market timer or trader can make. The buy-and-hold strategy misleads investors.
The markets don't go in one direction forever, whether the trend is bullish or bearish. Only by trading the ups and downs of the market can you make significant profits. If you are Buy Email Database striving to become a profitable market timer, it is vital that you cast aside the buy-and-hold mindset of the long-term investor, and learn to "think" like a market timer. The "Trading Edge" Without a crystal ball, you can't know the future direction of stock
prices with any amount of certainty, regardless of whether you use fundamental or technical analysis. However, once you recognize the market prices are the result of thousands Buy Email Database of investors who "believe" they know the direction prices are going to take, you have the "key" to beating the markets. Knowing that prices are based on the beliefs of the masses is your "trading edge." If you look at any long term chart of the financial markets,