New Comer

Hi All,

Glad to hear you make money. However, remember I may not be'right' all the time, huh. As to your question how to detect trend I suppose one has to learn how to read charts - otherwise one has to depend on reliable professional analysts/ chartists. I would suggest that novices 'educate' yourself before entering the market with real money, huh. Just for illustration: does a novice know what primary , secondary and tertiary trends are that the analysts may be talking about? What is the difference between market 'correction' and 'rally'? These are actually basics but I have found many people having only vague ideas about them.
There's a lot more to know ( to 'educate' oneself with). Learning how to read and interpret charts would be an asset ... maybe just to satisfy oneself that the analyst has got it right ... at the other end one could do one's own charts and analyses. (there were occasions [rarely though] when I found that an analyst had missed what I saw ). For the individual stocks having info on fundamentals of each is paramount. How much one could get would depend on how willing one is in collecting them from the company, investment/broking houses and one's own 'connections'/'network'. Keeping record on the fundamentals would help a lot.So you see I can't put what you ask in a 'nutshell' ... the individual investor has to start 'educating' himself on at least the basics and do some homework ( and make some mistakes and learn from these mistakes). Begin by reading some good books.....

Happy investing, (******) .

0 Comments:

Post a Comment

<< Home