Thursday, May 24, 2007

Tips to enjoy sucess in Wall Street



An investor always should invest in those titles that show forces in detriment of the actions that give signs of weakness. Many times the amateur investors invest in titles that are in fall in the hope that the tendency reverse. The problem is that many of the cases, the secret is going to buy costly and sell still more costly.

When smaller corrections happen in a market with the well definite tendency, have not fear in reinforce to its position.

One of the big secrets of the well suceed investors is the patience. If the time of entrance in a given action fail, do not despair because other opportunities are going to arise.

The investors less experienced normally close positions when tehy are in a winnner position, even if the profit is small. Never forgot that the "real" profit is obtained in 2 to 3 business later. It should be patient and expect that each business becomes in a big business.

Whenever you governed bulky losses in successive business, goal vacation. The natural tendency of an amateur investor in a situation of these is to continue buying trying torecuperate the losses.

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