Wednesday, 2 July 2008

DONT BE GREEDY IN THE STOCK MARKET

• Perfection has no role in successful stock trading. No one can buy at the absolute lowest price and sell at the highest price. No time or effort should be devoted to that goal. "I never bought a stock at the low or sold one at the high in my life. I am satisfied to be along for most of the ride."

This is where many investors get it wrong, trying to buy stocks at the cheapest price ever and selling them at the highest possible price. The risk of all these is that you will never get to buy most of your orders either because the price you are offering is too low for purchases or too high for your sell orders. Don’t be greedy!

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