Welcome Guest! To enable all features please Login or Register.



Go to last post Go to first unread
#1 Posted : Thursday, April 24, 2008 10:44:50 AM(UTC)

Rank: Advanced Member

Groups: Registered, Registered Users, Subscribers
Joined: 3/17/2006(UTC)
Posts: 55

Was thanked: 1 time(s) in 1 post(s)


This concludes the Introduction to Technical Analysis. I suggest you refer to Section Two while you continue to explore this exciting and potentially profitable pursuit.

A fitting conclusion to an introduction on technical analysis is a list of lessons I have learned, both from others and the hard way.

  • Don't compound your losses by averaging down (i.e., don't keep buying additional shares at lower prices). It is tempting to think that a loss "doesn't count" until the position is closed--but it does!
  • Anytime you own a security, ask yourself if you would buy it today. If you wouldn't buy it, you should consider selling it.
  • Don't get distracted by others' investment prowess. Most investors only discuss their successes, threatening your focus and confidence.
  • Wise investments aren't made with Ouija boards, they are made using logical approaches that minimize risks and maximize opportunities.
  • Master the basics. Most investors spend their time looking for easy money (which is not an easy search) instead of learning the key factors to security prices--supply and demand.

"Opportunities flit by while we sit regretting the chances we have lost..."
- Jerome K. Jerome, 1889

Users browsing this topic
Similar Topics
Re: PP+ Test Conclusions = Better Later than Never! (Data Related Questions)
by FXLearning 1/1/2006 6:11:15 PM(UTC)
PP+ Test Conclusions = Better Later than Never! (Plugins & Addons)
by guara_riua 11/21/2005 4:01:50 AM(UTC)
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.