Skip to main content

Posts

Showing posts from February, 2015

Stop Trading Like a Pig

kotaku.com Are you a Bull, Bear or Pig in the market? If you don’t know what I’m talking about, then you’re probably trading like pig and you’re probably losing money. As the old Wall Street saying goes: “Bulls make money, bears make money, and pigs get slaughtered”. This saying warns traders and investors against excessive greed and impatience. Simple as it may seem on the surface, it conveys more than it may seem. Not letting greed affect your judgement in the market is much easier said than done. Let’s discuss several ways the market punishes excessive greed, also known as ‘trading like a pig’, and some ways you can avoid being controlled by it. So, if you’d prefer to make money in the market, rather than get ‘slaughtered’ by it, read on… Are you a bull, bear or pig? Traders who have a bias on a market (bullish or bearish), and stick to that bias without over-trading (not being greedy), will typically make money over the long-run. Where many traders get into tr