DOWNLOAD ~ Trading the Forest for the Trees: You Can Be Right About an Individual Stock, But if You're Wrong About the Direction of the General Stock Market, The Odds are Most Likely Against You. The Key is to Understand the Nature of the Market and Employ Techniques That Capture the Underlying Market Tone as Well as Short-Term Opportunity (Equity Trading Techniques) by Billy Williams ~ Book PDF Kindle ePub Free
eBook details
- Title: Trading the Forest for the Trees: You Can Be Right About an Individual Stock, But if You're Wrong About the Direction of the General Stock Market, The Odds are Most Likely Against You. The Key is to Understand the Nature of the Market and Employ Techniques That Capture the Underlying Market Tone as Well as Short-Term Opportunity (Equity Trading Techniques)
- Author : Billy Williams
- Release Date : January 01, 2010
- Genre: Business & Personal Finance,Books,
- Pages : * pages
- Size : 95 KB
Description
Armed with the latest trading tools, trading systems and assorted gadgets, like electronic gunslingers today's traders ride into the markets ready for action, but often are carried out feet first with busted trading accounts because they lacked an understanding of one fundamental principle: the general stock market direction. You can be right about every factor of stock selection, but if you're wrong about the overall stock market, you still are likely to lose on what's otherwise a solid buy. No matter how good the stock is for buying or the how bad the stock is for short-selling, the odds are against you being successful. On average, 75% to 80% of all stocks will either rise or plummet along with the general market. This scenario was the cause of many losses in the market crashes of 2000 and 2008.