If it feels like you are reading last year’s business stories in today’s paper, there is a simple reason. In the end, it can be reasonably assured that buying in a depressed market and selling in a boom should see most investors realizing gains and cutting down on losses. It would, therefore, be far more sensible to spend your time and energy in researching and understanding the stock market operation in order to learn the time tested reliable methods for making money and gaining wealth on stock market. Very useful information for someone looking how to make money in the stock market. Stock investing should always be based on the profit earned from happy customers.
At the start of using this contrarian type strategy you may well make a few mistakes, but the more you use it and learn how to read how the market over reacts to news, its not all that hard to make money. Eventually everyone who was going to buy one bought one and at that point, the market crashed big time. There are plenty of free online stock charts and stock quotes sites to choose from.
There is a lot more information to be gained from reading charts than just reading a stock price quote. It can become very interesting looking at the chart of your favorite stock and have a good indication of whether it will continue going up or whether it is losing momentum and is going lower in price. Basically eliminating a huge failure mode of investing in stock of individual companies.
When reading a chart to see which way the stock is headed either up or down should be joined with the fundamentals of the stock. The fundamentals or how financially stable the company is, are two things that make up a companies profile of the stock and are used to help in making a good investment. Remember, nothing is a sure thing, but those with a little bit of advantage usually come out ahead of the game.
Every investor has a different goal whether it be a long term investment or short term trade each one has a their own specific reason for being in or out of the market. Reasons being that one site may be perfect for just a quick stock quote and another might be more appropriate for use with more technical indicators for advanced users. Taking time to learn about individual stock charts can sometimes help in making good investments. Robert Lichello named his market timing system Automatic Investment Management or AIM.