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MarketWatch Front Page

randholm
May 29, 2014 7:48 pm / Published in Market Update, Trading Lessons

MarketWatch Front Page

What to do every time to read or hear “Gurus” giving predictions on the stock market.

<![if !supportLists]>1.       <![endif]>Read and highlight their outlook base on facts what some else can prove to be correct.

<![if !supportLists]>2.       <![endif]>Peel down their outlook

<![if !supportLists]>a.       <![endif]>Ask yourself: If their outlook becomes “true”  – who could be the largest gainer

<![if !supportLists]>b.      <![endif]>Ask yourself: If their outlook does not become “true” – who could be the largest gainer

<![if !supportLists]>3.       <![endif]>Base on their assumptions, can  you support the opposite outlook?

<![if !supportLists]>4.       <![endif]>Remember that nobody knows what is going to happen tomorrow. If they knew with a great deal of certainty they wouldn’t tell you.

<![if !supportLists]>5.       <![endif]>Write down your decisions and follow them. You are in comand

<![if !supportLists]>6.       <![endif]>Risk Manage – don’t lose what you can’t afford to recover within a similar timeframe of that lose.

<![if !supportLists]>7.       <![endif]>Share with others and get their view on your idea.

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