Trading Educators Blog
There are two sure ways to go broke trading a market: picking tops and bottoms based on valuations, and taking trades based solely on indicator readings. When did the Japanese market become overvalued when the Price divided by the Earnings ratio was 30, 40, 50, 60, 70, or 80 to 1? When did silver become over-valued? The previous high before 1978 was $6.40, yet it rose to over $50 per ounce. When a...
Do you ever feel as if you are just going through the motions, acting without thinking? Are you surprised that you react emotionally, selling prematurely when you meant to hold out a little longer? Or do you jump into a trade too soon, before you have systematically thought out your trading plan? You may be giving into a natural inclination to follow the crowd. I...
