I never realized how emotional trading on the stock market could be. The media continues to instill fear in us about what's going on today. Take, for instance, this article I just came across with the headline "Global Markets Keep Tumbling" Yes, that may be true for today and the past couple weeks, but what about tomorrow? Isn't it possible that things could change tomorrow?
I think the collective consciousness and energies of the people are making the market volatile. What else could it be? People are in fear of what "could happen" and in a rush they sell off their stock - not thinking that perhaps, just perhaps, things could get better if they just stick it out for awhile. That goes for the real estate market as well. There's all this media hype about the "bubble bursting" when in fact, the market is simply stabilizing. Ask any vet in the real estate industry and they'll tell you that they've seen this same situation time and time again.
Perhaps that's why Warren Buffet is so successful in the stock market. He never listens to all this mumbo jumbo that's printed in the newspapers. No disrespect to journalists...
Are We Letting Fear Stop Us From Making Money?
Posted by Admin | 3:14 PM | real estate, stock market, trading stock | 0 comments »
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