The following I quote from the Realmoney.com and I totally agree. Oh, it is said by Rev Shark.
Bob, I have written hundreds of times that there is no one best way to trade or invest. A good value player will beat a poor momentum trader, and a good momentum player will beat a bad value player.
You have to pick the style that works for you................
My approach is working just fine for me, as I'm sure yours is working for you. If I tried to follow your approach, I imagine I would be in big trouble because it isn't suitable for my personality or portfolio.
Thursday, January 31, 2008
Wednesday, January 30, 2008
Monday, January 28, 2008
Answer
Due to the blocking of the Blogger in China, I have to answer the comment in a new post. Thanks for asking, I am still on the sideline. This market is not worthy to trade actively. I will be more active when the direction is clearer.
Thursday, January 24, 2008
Some food for thought
Whenever the market is in uncertain condition, I decrease trading, spend more time reading, enriching myself. You have to understand the market is not an ATM machine that you can get cash out everyday. Sometimes you will have a slow season, just like the regular business, in which you should get yourself prepared for the next busy cycle.
The book I am reading
I agree with all those things the author talked about, but it is lack of real useful tools readers can borrow. A good book for start-ups.
Tuesday, January 22, 2008
Friday, January 18, 2008
Buying opportunity?
I think we will reach a short term bottom soon, also I think the Fed will come to rescue before the month end meeting. Just a wild guess.
Tuesday, January 15, 2008
Wednesday, January 9, 2008
Tuesday, January 8, 2008
Monday, January 7, 2008
Friday, January 4, 2008
Thursday, January 3, 2008
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