Buy low and sell high, or
Sell high and buy low, or
Buy high and sell higher, or
Sell low and buy lower.
That's about it really for the average trader.
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Great post.peter lynch says to invest in companies that you use their products
if you never heard of the company and don't use their product and don't know anyone who use their product. the only product they are selling is their soon to be worthless or worthless shares.
if if you use their product and service the company management is another thing to look at.
if the ceo is the founder. that is a winner and rare. most ceo in public companie are hired cheerleaders and his main job is to get investors to buy the stock and could careless about the future of the company. as he is just a temporary employee on a 3-5 year contract
to the founder, the company is his baby. and his life and soul and purpose for his existence.
Right on.Buy low and sell high, or
Sell high and buy low, or
Buy high and sell higher, or
Sell low and buy lower.
That's about it really for the average trader.
That's a good philosophy. But my most profitable trade was a company whose product I had never seen or heard of. My first trade ever I think I made like $1800 and all I knew was it was a drug company. Didn't even know the company name. Of course that was day/swing trading, not investing, and I think as an investment, familiarity with a company is more important.peter lynch says to invest in companies that you use their products
if you never heard of the company and don't use their product and don't know anyone who use their product. the only product they are selling is their soon to be worthless or worthless shares.
if if you use their product and service the company management is another thing to look at.
if the ceo is the founder. that is a winner and rare. most ceo in public companie are hired cheerleaders and his main job is to get investors to buy the stock and could careless about the future of the company. as he is just a temporary employee on a 3-5 year contract
to the founder, the company is his baby. and his life and soul and purpose for his existence.