Many people take to trading in the mistaken belief that it is the simplest way of making money. Far from it, I believe it is the easiest way of losing money. There is an old Wall Street adage, that "the easiest way of making a small fortune in the markets is having a large fortune". This game is by no means for the faint hearted. And, this battle is not won or lost during trading hours but before the markets open but through a disciplined approach to trading.
Many people think trading is the simplest way of making money in the stock market. Far from it.
Buying oversold situations in an uptrend and overbought situations in a downtrend should be the goal of trade execution
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