Here is the video.
Ok, so what are the mistakes:
- They wait for a correction that never happens. A bull market can continue rising for an extended period and its better to buy and enjoy the ride than waiting for the 'right moment'.
- They don't buy the small dips. Dips aren't really that big in a roaring bull market - the market keeps pushing up; often its very methodical and slow.
- Bears are always looking at the short side.
- Fundamentals will use logic and miss everything. Maybe value is ridiculous on paper but at the end of the day its a supply-demand equation.
- When a dip happens they don't buy - traders are scared of a correction and don't buy.
- Instead of hopping on the train they look for a crash.
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