Tuesday, April 20, 2010

My Current View on Stock Markets

Stop speculating and investing in the stock markets now before it's too late. The present market behaviour is mostly driven by insider knowledge and outrageous speculation. You'll never understand how and why until it hit you.

If you have recently made yourself a fortune by supporting the markets, it's time to lock in your profits. Donate part of your winnings to charity wholeheartedly and don't think that you can beat the market twice.

If you have lost some fortune in betting against the markets, it's time to cut your losses and never to engage this kind of activity again. Put your time and efforts into other things that can bring true happiness into your life.

And finally to stock market specialists or professionals, it's time to start thinking about a new job career which is not based on profiteering on other's misfortune and lack of knowledge.

The same applies to the currency markets.

Related articles:
Better Late Than Never: Regulators Charge Two Traders for 2008 Oil Spike

3 comments:

Unknown said...

In stock market you are investing in companies and gains are based on companies performance. Forex trading could be much easier, as you are trading in foreign exchange and generally fluctuates based on economical movement of a particular country. If you have a right information you can predict well and make lot of money. The information is also easy to get, you just need to channelize it from the right source. To know more you can check ForexStrategiesNew.com

Unknown said...

If you were making a lot of pips why did you quit?

Lloyd said...

Ashok: I don't agree that forex trading is much easier. Although Forex movement is based on the fundamentals, sometimes their directions are also driven by insider knowledge and outrageous speculation. You'll never understand how and why until it hit you.

Tomasz: I managed to put an END to trading the stock markets. Just locked in $15,000 losses. I feel humbled by the market forces.