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Old 10-28-2008, 11:23 PM   #1
dubfrontsidah
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Default Getting the most out of the current market.

In the massive amount of experience I've had from 18 years of life (joke), something I have realized is that instead of analyzing all of the mistakes and bad things of a situation, as well as everything I have no control over (such as other people), it is best to realize that "it is what it is" and I just need to accep that and do what I can to maximize and make the most out of the situation.

So, with that in mind, what are things I can do or start doing to maximize the current market?
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Old 10-29-2008, 12:56 AM   #2
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Default Re: Getting the most out of the current market.

Quote:
Originally Posted by dubfrontsidah View Post
In the massive amount of experience I've had from 18 years of life (joke), something I have realized is that instead of analyzing all of the mistakes and bad things of a situation, as well as everything I have no control over (such as other people), it is best to realize that "it is what it is" and I just need to accep that and do what I can to maximize and make the most out of the situation.

So, with that in mind, what are things I can do or start doing to maximize the current market?
Sorry to have to tell you this but you need to analyze the mistakes and bad things of a situation, in as much detail as you can, so you can use that analysis to form a predictive model.
I don't know how to answer the question without knowing what type of trader or investor you are. Do you trade equities, options, futures? What is your typical hold time? That sort of thing.
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Old 10-29-2008, 07:19 PM   #3
dubfrontsidah
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Default Re: Getting the most out of the current market.

What I mean by analyzing can be put like this, for example:

I am a free market libertarian and I think the economy would benefit if everyone shared this view. I can either sit around and analyze how much better off this world would be if everyone shares this view and applied it. But, I have no control over everyone else and if they think socialism is a good route, there's nothing I can do. So instead of complaining about something I can't control, I'm going to act on what I can.

As to what I have traded? Haha... This is why I have come to this forum. I have no experience in this field.

Based on Americas current economic situation, would it even be a smart idea for me to invest in the above things you had mentioned?
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