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The truth is that most people sell when the market is getting killed and buy when the market is running up. It is human nature to follow the crowd. Savvy inve
by jeffepp 16y ago
The truth is that most people sell when the market is getting killed and buy when the market is running up.
It is human nature to follow the crowd. Savvy investors can make several hundred % returns buying during crashes and bear markets.
The main keys to success: 1) Never use margin (market day-to-day is too unpredictable 2) Leverage with Options
3) Try to remove emotion from the investment
- lzw 16y agoGood advice, and while I see people repeating common myths in this thread, I should just be happy that they are there to take the other side of my positions.