True/False - Common Myths About the Stock Market - Myth #1

 

In the past 12 years of investing and trading in the stock market, I have learned a lot from my conversations with other women. For one, I have discovered many misconceptions about the stock market. In the interest of personal growth, I am open to learning new things. So, once I’ve discovered that what I used to think about a particular topic is based on insufficient information, I find myself opening up to a new perspective.

So, how do some women allow their mind to take them out of the financial game? Well, while our mind can be extremely powerful, its desire for security and resistance to change can also keep us from stepping out of the box to accomplish our goals and dreams.

Stock Market Myth #1
Trading or investing in the stock market is like gambling.

Some ladies believe that trading in the stock market is like gambling. Truth be told, trading in the stock market is only like gambling when you don’t use a systematic approach. So for many women, I am sad to say, it is not merely “like” gambling…it IS gambling. Only this time, your retirement or family’s future is at risk, not just the cab fare to take you from the casino back to your hotel in Vegas.

This used to be the case for me when I had very little knowledge about the stock market and all I had was my 401k. My investment decisions were based on my emotions or even worse, someone else’s expertise without understanding their methods for selecting stocks. It can be difficult to understand someone else’s methods especially when they don’t use any. You’re better off opening up the financial section of a newspaper, closing your eyes, and pointing your finger at the page.

Now that I trade and invest based on a systematic approach, the odds are definitely in my favor that I will be profitable and continue to be into the future. And for those of you who don’t want to trade, but still want to be able to monitor the funds you select in your 401k or IRA investments, then there is a systematic approach that can work for you too.

Comments

[trade4target]

It was a awe-inspiring post and it has a significant meaning and thanks for sharing the information.Would love to read your next post too......
Thanks
Regards:
trade4target

[trade4target]

Thank you so much for this! I haven’t been this moved by a blog for a long time!I am waiting for your next post too.
regards:
trade4target

[trade4target]

Visiting this blog is our real pleasure. Should like to thank admin for sharing such a useful information and starting this thread in addition to that we suggest traders not to panic when market is in profit booking state. Investors and traders should understand that in volatile stock market conditions they should switch to trading.
trade4target

[trade4target]

Visiting this blog is our real pleasure. Should like to thank admin for sharing such a useful information and starting this thread in addition to that we suggest traders not to panic when market is in profit booking state. Investors and traders should understand that in volatile stock market conditions they should switch to trading.
trade4target

[top penny stock picks]

So now money is everything. Once we should increase revenues, then economics problem might be resolved automatically.
It's true that annual deficits being out of control,but how to resolve this deficits as well.

[top penny stock picks]

Informative post. Whenever we are talking about short term shares, only two things we should have to keep in mind such as deflation and inflation. Deflation is one of the main risk of short term, so we need safety first

[Share Market]

It was a awe-inspiring post and it has a significant meaning and thanks for sharing the information. Would love to read your next post too...

Thanks

Regards:

Share Market

[Aneshia]

Thanks "Intraday tips" for your comments. I hope to see you back on a regular basis. I will be posting some new information very soon. Have a great day!

[Aneshia]

Thanks "trade4target," I will be coming out with a new post very soon.

[Aneshia]

Yes "trade4target," panic is definitely one of those emotions that must me controlled. Otherwise the fears of investors can send stock prices plummeting. You may have already heard this quote beore... "the bull goes up the stairs, the bear goes out the window." It may take 6 months to make a profit (bull up the stairs) that can be lost in 1 day (bear out the window). That's why risk management is so important.

[Aneshia]

Hi "top penny stock picks," thanks for your comments. You said "Deflation is one of the main risk of short term." Can you elaborate more? Thanks!

[Aneshia]

Thanks "Share Market," will be posting some new information soon. Have a great day!

[3d picture editor]

Informative post. Whenever we are talking about short term shares, only two things we should have to keep in mind such as deflation and inflation. Deflation is one of the main risk of short term, so we need safety first.