For inspiration : The market can stay irrational more than you can stay solvent.
Irrational Exuberance Everything that goes up must comes down. But everything that goes down doesn't have to go up. Time of maximum pessimism is best time to buy and time of maximum optimism is the best time to sell. Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes. As a market participant, I don't need to be concerned with the consequences of my (financial) actions. In other words, i did not create the imbalance, so why should i be blamed when i corrects it? They are simply the instruments of global macroeconomic forces. In speculation, when the market goes against you, you hope that every day will be the last day and you loose more than you should - had you not listened to hope. And when the market goes your way you will become fearful that the next day will take away your profit, and you get out - too soon. Fear keeps you from making as much money as you ought to. The successful trader has to fight these two deep-seated instincts. He has to reverse what you might call his natural impulses: Instead of hoping he must fear; instead of fearing he must hope. He must fear that his loss may develop into a much bigger loss, and hope that his profit may become a big profit. Regards Krisna Putra Darma www.krisnaputradarma.com sent from BlackBerry® ------------------------------------ Kunjungi situs http://www.info-saham.com untuk informasi seputar saham. SEMUA POSTING DI MILIS INI TANGGUNG JAWAB PENGIRIM EMAIL DAN BUKAN ADMIN MILIS. SEMUA POSTING DI MILIS INI BUKAN UNTUK MENGAJAK MEMBELI ATAU MENJUAL EFEK. SETIAP KEPUTUSAN INVESTASI MENJADI TANGGUNG JAWAB PIHAK PEMILIK INVESTASI ATAU PEMILIK MODAL. [email protected] untuk berhenti dari milis saham [email protected] untuk bergabung ke milis saham Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/saham/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/saham/join (Yahoo! ID required) <*> To change settings via email: [email protected] [email protected] <*> To unsubscribe from this group, send an email to: [email protected] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
