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  • Actual for You - How To Profit When The Market Goes Downwards-Are You Gambling

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    There is an old expression “buy in gloom and sell in boom’ and that is what I have done consistently over time.

    Don't be greedy; making 10 - 15

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    What To Do When There Is a Correction Downwards In The Market.

    1 Have cash available. I try and have a few thousand dollars spare at all times if possible.

    2. I have stocks on my watch list and am currently watching their behaviour.(Around 40 - 50)

    3. I already know the basic fundamentals of each stock and each stock is up to date with the current market.

    4. If it is a very low priced stock, remember it will take only a minimal movement in the share price to make a profit.

    The secret is to be prepared beforehand. So when a correction arrives you are already organised to profit from it.

    Incidentally I do a research sheet every weekend in readiness for the next coming week.

    I also use a software program called “Stock Monkey” which works out profit and losses before I buy the stock.

    (You can download this for “FREE” in the download section of my website if you want.)

    There is an old expression “buy in gloom and sell in boom’ and that is what I have done consistently over time.

    Don't be greedy; making 10 - 15%

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    ly watching their behaviour.(Around 40 - 50)

    3. I already know the basic fundamentals of each stock and each stock is up to date with the current market.

    4. If it is a very low priced stock, remember it will take only a minimal movement in the share price to make a profit.

    The secret is to be prepared beforehand. So when a correction arrives you are already organised to profit from it.

    Incidentally I do a research sheet every weekend in readiness for the next coming week.

    I also use a software program called “Stock Monkey” which works out profit and losses before I buy the stock.

    (You can download this for “FREE” in the download section of my website if you want.)

    There is an old expression “buy in gloom and sell in boom’ and that is what I have done consistently over time.

    Don't be greedy; making 10 - 15

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    ill take only a minimal movement in the share price to make a profit.

    The secret is to be prepared beforehand. So when a correction arrives you are already organised to profit from it.

    Incidentally I do a research sheet every weekend in readiness for the next coming week.

    I also use a software program called “Stock Monkey” which works out profit and losses before I buy the stock.

    (You can download this for “FREE” in the download section of my website if you want.)

    There is an old expression “buy in gloom and sell in boom’ and that is what I have done consistently over time.

    Don't be greedy; making 10 - 15

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    research sheet every weekend in readiness for the next coming week.

    I also use a software program called “Stock Monkey” which works out profit and losses before I buy the stock.

    (You can download this for “FREE” in the download section of my website if you want.)

    There is an old expression “buy in gloom and sell in boom’ and that is what I have done consistently over time.

    Don't be greedy; making 10 - 15

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    r “FREE” in the download section of my website if you want.)

    There is an old expression “buy in gloom and sell in boom’ and that is what I have done consistently over time.

    Don't be greedy; making 10 - 15% profit is nice. Particularly if it’s over a week or two time frame.

    The lesson here is, to be prepared ahead of time and never feel compelled to spend your money just because it is there waiting to be spent.

    Here is an article to trust your self whether you are gambling or investing.

    The Five E’S of Gambling.

    1. Entertainment.

    2. Excitement.

    3. Escape.

    4. Easy Money.

    5. Ego.

    All of us enjoy these 5 in our trading day. But they should not be the primary motivation for our trading.

    When profits alone are not enough to satisfy us, we have begun to gamble.

    Trading steps into “Gambling Mode” the minute any of the “Famous Five” (apologies to Enid Blyton) appear.

    I must admit I personally have guilty of this in the past and this has cost me dearly; the market is full of traps and pitfa

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