AppId is over the quota
If you have ever tried to make money in the stock market, you may have failed. Don't feel bad, most people have. That's usually why folks tend to leave it to the professionals. The problem is that the professionals often do worse than the market in general and win or lose, they get a piece of your investments as their compensation for losing your money. What people don't know is how easy it is to pick stocks and make money in them. You just have to be dedicated to the process and follow a plan no matter what!
The concept is simple; buy low, sell high. Sure that sounds easy, but doing it is the problem. Most people buy a stock when its "hot" and sell it when it drops in price because they fear that it will lose them even more money. The opposite is what you want to do. First find a big solid company like Wal-Mart, Disney, Chase Bank, whatever; as long as its big. Then look at a chart of its price over the last 12 months. If it is low relative to the 12 months prior, then you buy. When the stock rises, look at the chart again and determine when it is high relative to the last 12 months. The best way to determine if it is "high" is if you wouldn't buy it if you were looking at it for the first time. Now what if it just keeps going down you ask? Most people would sell it to "cut their losses," but what about buying more? Its a big company isn't it? It's not going to go bankrupt then is it (it is possible, but very unlikely)? When you bought it before didn't you determine that it was "low"? Now its lower, so isn't it at a better price? If you were considering buying a house, would you buy it if they lowered the price or if they raised it? Why would the same idea not apply to stocks? The answer is that it would. Just think about that for a second. If the price of a house you were looking to buy went up, that would not make you want it more because it would cost more and you would have to gain that much more in equity to make money on it down the road. The same thing applies with stocks. You want to buy them as cheaply as possible so that when their value increases, you can sell them for an even greater profit. You almost can't lose with this strategy if you are willing to stick it out and keep investing no matter what your broke friends say. http://www.profitinthestockmarket.com
SOURCE : click here
No comments:
Post a Comment