The Next Step.

When to enter the market? The Next Step for investors could be based on an easy to understand trend following tool. The 55 period simple moving average on weekly charts is as good as anything else. Investors can add value to this average by tracking consolidation patterns which can give early warning. Chart below.

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Americans Choose Gold as the Best Long-Term Investment
PRINCETON, NJ — Thirty-four percent of Americans say gold is the best long-term investment, more than say so about four other types of investments. Real estate (19%) and stocks (17%) are distant second choices. Bank deposits come in at 14% and Govt bonds at 10%.
(source: gallup.com)

Trading under Stress

The more stressed you are, the more money you’ll lose. A fact. So if you want to avoid big losses, just stop trading when you’re stressed.

Talent is overrated

What makes people great achievers? In sports, chess, golf, business, investing etc. The main idea is that great success is achieved with hard work – deliberate practice.
The value of experience is overrated just like talent is overrated.
It turns out that everything is teachable and it is only a matter of practice… lot’s of practice… 10,000 hours of practice.
summarized from here
My Notes: I agree that practice makes perfect. A singer with lots of practice will be better than a singer with a golden voice but no practice. Same in trading