|
|
|||||
|
|
● how to get rich | ||||||
how to make money in stocks and how to get rich_30![]() Navigation: Main page » how to make money in stocks and how to get rich Author: how to make money in stocks and how to get rich The daily Dow Jones Industrial Average represents an average of thirty large, basic industry stocks in America. It is one of the objects you want to observe arid study carefully. The difficult-to-recognize but meaningful changes in the behavior of the market averages at important turning points are the best indicators of the condition of the whole market. Study the General Market Chart Every Day The general market should be studied closely every day, since reverses in trends can begin on any one day. I emphasize this practical method rather than that of interpreting other subsidiary indicators that are supposed to tel you exactly whathe market should be doing or listening to the many stock market letter writers or technical analysts that pore over twenty indicators and tell you what they think the market should be doing. Market letersometimes may create doubt, uncertainty, and confusion in an investor's mind. Markets tend to go up when people are skeptical and disbelieving. Learn to interpret a daily price and volume chart of the general market averages. If you do, you can't get too far off the track. You really won't need much else unless you want to argue with the trend of the market. Experience teaches you that continually arguing with the market can be very expensive. That's how people go broke! How You Can Identify Stock Market Tops When market indexes peak and begin majoreversals, individual investorshould take action imediately and raise 25% or more cash by seling stocks athe market prices (use of price limits on orders is not generaly recomended). |
|
||||||