There is no one system that works in all markets all the time. Each market has random components and chaotic behavior dependent on the natures of the business and the players in the market.
Can you develop a model to explain the behavior of a person or several people? Well, it's the emotions of people that determine the short term behavior of stocks, and we are not all the same!
If you want success, learn from Peter Lynch. He is a trader, but trades on fundamentals. Buy a stock you know something about, that has room for growth, and a competitive advantage, and sell it when the fundmentals change.
Trading is difficult. Sure there are some exceptional traders, but in general, don't expect the millions to come rushing in. It takes a lot of work, time and little bit of luck, and even with all that, the money just trickles in. |
