Information that is missing or inaccurate leads to impulsive, emotional trading OR not recognizing the risk factors of that trade.Information by itself is insufficient for consistent profitability even if it is accurate and complete. In order for information to be useful, a trader must have the education and market savvy to understand how to transform information into knowledge which then must be applied to trading using skills that enable the trader to make the best decisions for the highest profit.Trading stocks is not rocket science, nor is it gambling (risking your money without controlling risk factors or ignoring risk or extremely high risk is gambling).Trading stocks is not a percentage, it is not guesswork, it is not a hunch, or a news item. Trading stocks is having skills and knowledge that provide an optimal analysis that generates high profits holding a stock for a few days to few weeks.
Haha no? Maybe? In our small neighborhood, there were alleys behind the house. The church group met at our house that evening because my Dad is a minister. This guy I knew and I were bored so we took toilet paper and went to the Coach’s house (two doors over behind us) and toilet papered his RV, tree and a poor attempt at the roof. We heard the door open so we ran like the Dickenson back to our safe base….no one was more the wiser. Or so I thought. At class the next day, the Coach said someone had papered his house but they left their flash light behind so therefore he could either keep the flash light or someone could confess and he would say something to their parents. He looked at me and I looked back. The flashlight was now his. Whoops.