“Recessions are there to take your investment game to the next level. A recession should help you reach your targets sooner.” InvestmentInvestingTradingStock MarketTrading PsychologyStocksRecessionBear Market Author:Naved Abdali
“A trader needs to be highly skilled and extremely lucky to beat the market consistently. If a trader is highly skilled but not lucky enough or extremely lucky but modestly skilled, he will beat the market occasionally but not consistently. Traders that are modestly skilled and modestly lucky will briefly beat the market but will be behind the market most of the time. Everybody else will lose money on a long-term basis, that is, 90% of the traders.” LuckInvestingTradingTradersMarketsTrading PsychologyProbabilitiesInvestor Author:Naved Abdali
“I know people who repeatedly jump from one guru to the next in search of the Holy Grail of trading. Of course, it doesn’t exist, but you need to know this fact to stop looking for it.” InvestingTradingInvestTrading PsychologyHoly GrailPortfolio ManagementTrader Author:Naved Abdali
“Wait for the price to come to your desired level, and then buy it. If it goes down further, buy more.” TradingInvestStock MarketTrading PsychologyStocksPortfolio ManagementShares Author:Naved Abdali
“Stocks are not market tickers represented by daily quotes but proportionate ownership of businesses and should be viewed accordingly.” BusinessInvestingTradingMarketsTrading PsychologyStockSharesMarket Cycle Author:Naved Abdali
“Most of the traders think and act like gamblers. They believe that they can outsmart the rest of the players with the help of a trading system. They take investing as a game, and daily quotes are their scorecards.” InvestmentInvestingGamblingTradingStock MarketTrading PsychologySharesTrader Author:Naved Abdali
“I am sure some people are very skilled, and trading comes easy for them, but it is a game of chance for most of us.” TradingTrading PsychologyStocksTrader Author:Naved Abdali
“Investing is not a war or revolution or anything close to this. You are in this business to make an honest profit.” InvestingMarketsTrading PsychologyTraders MindsetTrading Wars Author:Naved Abdali
“If an increase in price makes you happy, surely a price drop will make you sad.” TradingPriceMarketsInvestTrading PsychologyStocksMarket Cycles Author:Naved Abdali
“If a strategy is widely available for free or is offered on a small payment can never work. A secret is not a secret if a YouTube commercial offers it for a small payment of a hundred dollars.” InvestingTradingTrading PsychologyInvestment StrategyTechnical IndicatorsInvestment Secret Author:Naved Abdali