Great seeing this reply. Steve shares some great nuggets of
wisdom here. You can refer to them again and again.
There is an old saying that I like as well and not sure who said
it "Fundamentals tell you WHAT to buy, Technicals tell you WHEN to
buy it". Last part of the equation that I think is paramount in
importance that Steve touches on again and again here is simply
"Have a plan and implement it accordingly"
Finally, I believe someone has to have very strong belief in
what they own or the plan they are implementing or it becomes tough
to stick with it. This comes over time with experience.
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Great seeing this reply. Steve
Guess I'm confused as to why the markets are going ...
Posted by fundamentalvalues on 8th of May 2021 at 08:11 am
Great seeing this reply. Steve shares some great nuggets of wisdom here. You can refer to them again and again.
There is an old saying that I like as well and not sure who said it "Fundamentals tell you WHAT to buy, Technicals tell you WHEN to buy it". Last part of the equation that I think is paramount in importance that Steve touches on again and again here is simply "Have a plan and implement it accordingly"
Finally, I believe someone has to have very strong belief in what they own or the plan they are implementing or it becomes tough to stick with it. This comes over time with experience.