Lessons For Investors From Traders
When a market goes up, almost every investment approach will work, and people like me can safely sell almost any old theory on how to make money in the stock market without being wrong. When the market goes up, there is room for all, for both value investors to set and forget and technical traders to trade because every theory works, no matter how deficient. A bull market will hide a lot of sins, and in boom times it will hide all sins, from black box theories, to mail order DVD courses, to leveraged contracts for difference over forex to active ETFs that buy stocks going ex-dividend every month and think that's a value add whilst they destroy your capital. A bull market allows all manner of product pushing. Even the scams ramp up.
But when the bull market trend...Continue Reading