Finding Your Winning Strategy in the Stock Market
★ SUMMARY ★
In order to be successful in the stock market, you need to find your winning strategy. There are a lot of strategies in the stock market but some may work for you and some may not. It really depends on the type of person that you are and the type of instinct that you naturally have.
You can go with a strategy such as the value play where you are buying things at the very low point looking for it to escalate. You can sell option premium, be the short, the bear as they call it and be the one who is always short selling stocks. There are a ton of opportunities in the stock market and you could be the penny stock gamer even. All of the opportunities do work but the thing is that not all of them will work for you.
So let’s use an analogy one that I have used in an interview not too long ago. The concept is that if you had a bear versus an alligator, and they are fighting one another and you had to pick a winner which one would you pick. A lot of people say well the bear would win but let’s just say that I transform that context and I say now they are fighting in the swamp. Now if they are fighting in the swamp would that change your answer would it be the alligator? Many people say yeah of course now the alligator has the advantage but if we change that context again and say now they are fighting in the forest with lots of trees, than many people would switch their answer and say the bear would win.
Posted at: http://tradersfly.com/2014/09/finding-winning-strategy-stock-market/
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