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Pastimes : The Philosophical Porch -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (15105)10/20/2022 3:12:14 PM
From: Rarebird  Respond to of 26251
 
Stock market is a cold-hearted Business. I find it amusing how people get so attached to their indicators, market views, world views as if the world and stock market is suppose to revolve around them. The name of the game is to remain open, flexible and willing to change at a moments notice when necessary.

Focus on where you are in the economic cycle and where that leads. It is like taking a local train knowing at what stop to get off the train and which stop to get back on. No emotion involved whatsoever.

The stock market is like being at an amusement park, with the exception that there is a lot of money involved. But it is a profession, a very noble one with very bright minds. Unfortunately, most are highly biased and emotional wrecks.