The best thing about being involved in the market is when it goes up, right?
Problem is prices go down too! When a stock or any asset you own goes down instead of up it isn't working for you. While it doesn't feel smart to lose capital, wasting time can be a problem too!
Which is why buying low and selling later shouldn't be your only strategy.
Because being directionally dependent for investment success doesn't always work. And when it is not working your wasting time. But knowing the market allows an investor to sell time at prices that are not particularly likely to happen can be a great second profit option.
Tip:
"Don't gamble; take all your savings and buy some good stock and hold it 'till it goes up, then sell it. If it don't go up, don't buy it." Will Rogers
It's hard to know the future before it gets here:
Conventional information, news, and advice tends to be focused exclusively on direction. So we might also suggest, since time is always passing, selling time makes sure you are always getting paid. Adding a second way to profit from the same asset is smart. Having two ways to profit rather than just one, can increase your probability for a favorable future outcome. When dealing with future unknowns, putting probabilities on your side is even smarter.
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