Maybe I should start trading Stocks, compared to Forex, as I am more familiar with companies, then nations' economy.
Actually, having a rough idea of how a particular product will perform is very important. It is like those people that trade during the bull of Gold. They just have to keep buying. The product will tend to go up in that direction. So it is quite fool proof, even if you enter the market in the wrong timing.
For example, currently, there is no signs that Google will be slowing down. It will just keep going up. They look invincible now, and is currently growing to become the greatest company in the world. And it scares many people, as many people see them as becoming too powerful. So it is very very bullish for them now.
So if I take the opportunity and ride on the bull, I will be able to make some money. As wise people know, they may not be as good as it seems. Peter Lynch always warn of companies that do too much acquisitions. But it will take a long time for the company to crash. And when it crashes, I might have already made money from the bull run, and at the same time protect myself with Stop Loss in case the company collapses.
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