Nothing ventured, nothing gained?!

| | Comments (0) | TrackBacks (0)
Some days I may not identify any stocks to buy - should I reduce my threshold of requirements and in turn increase the risk to undertake the purchase - as said nothing traded, nothing gained - but equally nothing traded, nothing lost - and perhaps some trading days I should take the day off as it were.  Use it for researching for the next trading day.

I think changing requirements for the sake of a trade is not wise as it loses the discipline of picking stocks that meet specific criteria - likewise looking for trades of greater profits to make good losses or non-trading days is to be avoided.

In these Bearish times better to wait out the day for the next trading opportunity.

0 TrackBacks

Listed below are links to blogs that reference this entry: Nothing ventured, nothing gained?!.

TrackBack URL for this entry: http://www.stuartdrunsfield.com/cgi-bin/mt/mt-tb.cgi/62

Leave a comment

About this Entry

This page contains a single entry by Stuart published on August 8, 2008 7:59 PM.

Smallbone PLC, Andes Energia PLC and EcoSecurities was the previous entry in this blog.

JKX Oil & Gas PLC; Steppe Cement Ltd is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Powered by Movable Type 4.01