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Strategies & Market Trends : Three Amigos Stock Thread
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To: Sal D who wrote (11941)12/30/1998 5:08:00 PM
From: Sal D  Read Replies (3) of 29382
 
Amigos, in light of the current postings I have been reading hear and on other threads I would like to just add this:

Your investment strategy deals with the overall guidelines you set up in an attempt to ensure success in meeting your financial goals. Tactics are used to implement a strategy. You must have a clearly defined objective and a specific time horizon.

You need to double-check everything. If you are truly an individual investor conducting your own research and placing trades yourself, you can limit yourself to only what you need to know. When you take care of your own investments, you choose what to monitor. Maybe you want to know every uptick and downtick of your stocks and every bit of news affecting them. But it might be that you just want the big picture by checking prices once a month, perusing top stories and keeping an eye on a few related stocks in the same industry. The point is that it should be up to you not anyone else. Keep the background noise low.

Nobody ever knows what the market will do.

Do your research, do it well, and disregard the opinions of others until they have earned your trust.

Trust yourself.

I think it was Napoleon who said, Good intelligence is nine-tenths of any battle.

Joe
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