Few people make lot of money by timing the market by using predictive analysis which most often makes money. Takes years to master and truly requires deep thinking of one’s own. And even after that there are hundreds of things to conquer - emotion and discipline is few amongst them. It is rewarding for those who have travelled that path successfully without blowing up their account in the learning stages.Newbie here! I've heard the quote along the lines of"It's not about timing the market, it's about time in the market". Why do people so often discourage timing the market? Are there no ways to predict a stock rising in price over the course of days, months or even within a year?
Whereas, those who invest for real long term will mostly make some money eventually and lose less as they will hold on to the losses. And hoping the cheap stocks they invest don’t go belly up.
