Who is right?
Can we time the Market?
Yes, you can time your own Market! Why not?
You alone determine the buy price that you are happy with and then wait for it to come to you. When it comes; you just buy it! Period.
You alone determine the sell price that you are happy with and then wait for it to come to you. When it comes; you just sell it! Period.
The whole problem is that people keep adjusting their buy and sell price according to how they perceive the market is doing? Then you can't time the market. Few people can. May be you are of those rare few who can.
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5 hours ago
That is funny and simple argument, but I must admit it is true! You really time your own market.
ReplyDeleteI realized that you was reading the past post in Aug 2010. Thank for your patience to read them.
ReplyDeleteHi,
ReplyDeleteYou can really time the market only if "you are rich in proportion to the things you can let alone".
Adapted from this quotation:
"A man is rich in proportion to the things he can let alone".
NB:
i have been learning how to improve my "Timing of the Market" since day one.