Hey! What type of investors are you? (2)

Read? Hey! What type of investors are you?

KY said: "I have read most of Robert's books, Alexander Elder's, abit on trading psychology, abit of money management and some finance books from NLB on trading. After a while, the books seems to converge and did not solve some of my doubts namely timing and methodologies."


I absolutely agreed with KY on "After a while, the books seems to converge."  and I have no doubt about it. This is not the first time that I heard someone commented about it and it won't be the last too,
 
Why am I still reading more such books?
 
I didn't read more books to look for more superior/advance technical analysis, better/more winning methodologies, more/better technical indicators, more charting patterns; and etc.
 
I am reading for one or two new ideas from the authors on their thoughts on investing and trading; and not particularly on their trading methods as I don't follow any Guru's trading system. I don't even use any technical indicators with adjustable parameters. I only have lizard brain so it is not good enough to fully understand and use these popular trading systems or methodologies effectively to make money from the stock market.
 
Actually, I use simple fisherman's methodology - Tide Cycles (i.e. Market Cycles) as I love fishing as hobby.

It has worked for me so far and I also realized that those who are less fearful and more patient with better money and risks management are more likely to win over several market cycles.
 
So does more stock anlaysis help? I don't think so. More stock analysis may not actually help you to win more. There is no Holy Grail in the stock market; but there will be plenty of them as advertised in the newspapers. Later, I will read thesundaytimes papers to see any new Holy Grail. LOL!
 
"Less Analyzing and More Investing is the way to win over market cycles." - Createwealth8888