The only way to succeed....10 Apr 2019 13:49
The only way to succeed in the markets and make a substantial amount of money is to find a company that has a winning formula, research it well to give yourself confidence to go large, buy big, buy the dips, buy when the market disagrees and is scheptical. Most of all, trust your research when the fundamentals have not changed, have the patience to let the story you researched play out. I hear a couple of people on here and on twitter knock RBD and one prominent analyst with 6,000 followers recently dismissed a Bull saying our time was coming by saying "the market doesn't agree". Obviously, but that's the time to buy. By the time the market agrees that RBD is a winning formula and we are in the pennies then that's when I'll be taking some profit and derisking my holding a little. Nobody ever made money buying stock that the whole market agrees with. By the time the market agrees it's too late, the trade has sailed and you are likely to get spiked before a profit taking retrace. I believe the RBD strategy to be a good one. I find the amount of knockers dismissing the RBD strategy and claiming to have no position an extremely bullish contrarian indicator. This a great unfolding story and will make patient people a lot of money in the ne