UnThreaded | Threaded | Whole Thread (21) | Ignore Thread Prev | Next
Author: joelxwil Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75642  
Subject: Re: Asset Allocation Date: 7/30/2005 7:57 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Read some good books on trading. Study CANSLIM, and read William O'Neil's book. Read stuff by Alexander Elder, such as "Trading for a Living". Look at Achelis on Technical Analysis. Go to a free INVESTools seminar - they sell the best trading software I have ever found (www.investools.com). Listen to Cramer on CNBC at 6:00 ET (or later for a rerun).

Develop a trading discipline so that you can make money in the market trading stocks or ETFs.

Understand that there are times to be in the market and times to be out of it, or to be short. Look at www.timingcube.com to see examples, if you want to trade ETF indices.

Ignore the ignorant people on this board that just want you to buy index funds. I have never seen so many people who know so little say so much. Mediocracy finds comfort in things like the Efficient Market Theory, but anybody who is reasonably energetic can certainly beat an index like the S&P.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (21) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
Apple

Apple and Ninety Years Ago
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement