Tag: discipline

You could have some, perhaps all your assets in a stock mutual fund when market conditions are favorable.We want a mutual fund rather than basket of individual stocks because.Many retirement accounts usually do not offer usage of stocks.We want the broad diversification obtainable in a fund.A specific stock may miss most or most of an over-all market advance, but a fund with wide market exposure will probably get a little bit of the action...

It is often accepted there are four stages of a trend.These stages constitute a cycle and each cycle has smaller cycles contained within them.It doesn't matter whether you want to trade with 5-minute charts or monthly charts.Each market will undoubtedly be in a few stage of the cycle when you are observing it.Before you even consider engaging in a trade you ought to have some notion of where in fact the market is in the cycle...