Watch wait, act....23 Jun 2017 07:02
I have always tried to anticipate market / share price moves. My mistake was doing it with my cash!
I realised years too late that I should have been mentally speculating on future moves (which i did) but waiting for confirmation that I was correct or not......and then move with my cash (which I did not).
Getting in too early has cost me dear not only here I might add! Once I have decided to buy I cannot resist plunging in for fear of losing on the leg up....Big mistake! Decide to buy then wait, wait & wait some more until your judgement proves correct.
Don't argue with the tape (another failing of mine) markets are never wrong. Opinions mostly are, as is IF
a stock will move, no no no. It's WHEN a stock moves you act. I kinda know the theory but rarely practice it. Hope you guys don't fall into the same traps as I have done in the past!