Comments on: On irrationality in stocks

By: Revanche

Revanche — Tue, 16 Jun 2009 23:39:02 +0000

That very lack of a plan is exactly why I still haven’t transferred money into my new shiny TradeKing account. I keep asking myself to form a strategy, and since I don’t have time, I haven’t invested. *rolling eyes at self*

By: bluntmoney

bluntmoney — Sat, 13 Jun 2009 14:16:24 +0000

traineeinvestor, I have problems with everything but the being patient.

Ken, thanks.

hustler, it was a bet in the sense of “let’s put $40 in red”, as opposed to a well-thought out investment.

By: hustler

hustler — Sat, 13 Jun 2009 08:28:13 +0000

Was the bet with someone else or yourself? And hey, 80 bucks is not too shabby!!

By: Ken

Ken — Fri, 12 Jun 2009 17:00:27 +0000

I invest in stocks through growth mutual funds….I look at this as a long term investment…I’m not educated enough to do single stock trading..good luck with it.

By: traineeinvestor

traineeinvestor — Fri, 12 Jun 2009 12:25:50 +0000

Taking a profit is easy. I find that the two hardest things to do when trading are:

1. being patient – being prepared to wait on the sidelines rather than joining the lemmings during a bubble

2. cutting losses