As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

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Tuesday, 22 November 2016

Assigning Each Significance To An Event


Read? Assigning Each Significance To An Event


What is the level of significance of the event 10 minutes from now?
What is the level of significance of the event 10 months from now?
What is the level of significance of the event 10 years from now?


Hmm ... 

Somehow, now; Uncle8888 did understand or realize something after reading it.


In the world of long-term investing and short-term trading; assigning each significance to an event happening; and after it has happened.

Most retail think that they are long-term investors. But; can they afford to take their eyes off on any one event without worry that they have missed out significantly?

Do they behave like traders or investors?










 

3 comments:

  1. The Trump event might have placed many traders glued to their screen.

    ReplyDelete
  2. Maybe it an addiction? Just like gaming...

    ReplyDelete
  3. Funny, since i started investing i never stop monitoring the market daily.
    Yet i never believe in short to very short terms trading.
    No matter how i try, it sucks.
    So i rarely trade.
    Actually i do trade but in different specifications of time factor.

    ReplyDelete

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