Quote from crgarcia:
Yes it is.
Welcome to the real world.
And yes, by the time you read it it's too late.
And I trade long term.
Buying during bear markets/recessions, by the time you read about recovery, it's too late.
Like now: there's no recovery yet, yet the market already rallied.
Viceversa, by the time you read about recession, the market already plunged.
So you mean to tell me you dont read news about any of the companies you trade? in my opinion thats ignorant, your simply not using one of the resources available to you in order to form a good trading plan. When people read really good or bad news about companies they react to it, causing the price to move up or down sharply, if you choose to ignore that, you might get hammered and lose lots of money or just miss an opportunity to make a good bit.
Btw thank you all for your suggestions of sites its been helpful to me

