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Don’t apply logic to the stock market

  
  Education
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So often I see people make decisions in the market on what makes sense to them. It makes sense to buy stocks when the company insiders are buying. It makes sense to buy stocks that are making positive announcements. It makes sense to listen to what the President has to say about the company’s prospects. However, all that matters is what the market thinks of the company and whether the buyers are more motivated than the sellers. So often, the market does things that do not make any sense until we later learn of what motivated the market to do what it did. Remember, the market is forward looking, most times, what makes sense is judged on what has happened in the past.

A Growth Job

  
  Education
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  • Is never permanent.
  • Makes you like yourself.
  • Is fun.
  • Is sometimes tedious, painful, frustrating, monotonous, and at the same time gives a sense of accomplishment.
  • Bases compensation on productivity.
  • Is complete: One thinks, plans, manages and is the final judge of one’s work.
  • Addresses real need in the world are large – people want what you do because they need it.
  • Involves risk-taking.
  • Has a few sensible entrance requirements.
  • Ends automatically when a task is completed.
  • Encourages self-competitive excellence.
  • Causes anxiety because you don’t necessarily know what you’re doing.
  • Is one where you manage your time, money and people, and where you are accountable for specific results, which are evaluated by people you serve.
  • Never involves saying Thank God It’s Friday.
  • Is where the overall objectives of the organizations are supported by your work.
  • Is where good judgment is one, maybe the only, job qualification. 
  • Gives every jobholder the chance to influence, sustain or change organizational objectives.
  • Is when you can quit or be fired at any time.
  • Encourages reciprocity and and parity between the boss and the bossed.
  • Is when we work from a sense of mission and desire, not obligation and duty.

Symptoms Of A Bad Stock Trader

  
  Education
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Ultimately the only sign of a bad trader that counts is if you’re losing money, but there are some individual signs and characteristics of a bad trader. See if you possess any of them.

  1. Your only news source is Blue Channels
  2. You can’t get over missed trades/opportunities. 
  3. You don’t track your trades.
  4. You’re opposed to learning new techniques.
  5. You have trouble breaking off bad trades.
  6. You put too much stock in what others think. 
  7. You panic and sell every time you see red.
  8. You only buy on green days.
  9. You blame other traders for your stock’s bad performance.
  10. You use every indicator known to analyze a stock. 
  11. You don’t know what stops are.

Let me know what you think. Are there any other symptoms of a bad trader?

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