“The public, as a whole, buys at the wrong time and sells at the wrong time. The average operator, when he sees two or three points profit, takes it; but, if a stock goes against him two or three points, he holds on waiting for the price to recover, with oftentimes, the result of seeing a loss of two or three points run into a loss of ten points.”
Quote by Charles Dow
Work
Dow Theory Unplugged: Charles Dow's Original Editorials & Their Relevance Today
Dow Theory Unplugged is a compilation of Charles Dow's original editorials, providing a comprehensive look at the foundational concepts of Dow Theory. The book explores Dow's insights into market behavior, trends, and the importance of volume and price analysis. It aims to demonstrate the enduring relevance of Dow's work in today's financial landscape, offering readers a deeper understanding of market dynamics and investment decision-making. more
Author
Charles Dow
Charles Dow was a renowned journalist and editor, born on November 6, 1851, and died on December 4, 1902. He was one of the founders of the Dow Jones Industrial Average, which has had a profound impact on the modern financial news industry. more
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