admin Ignore Opinions and Turn OFF CNBC
There are so many opinions on stock market and in this era of real time news if gets overwhelming. The most important thing you can learn as an investor is to ignore opinions, don’t watch CNBC and shows like Jim Cramer, and don’t listen to single statistic that is released from the government as they are always revised and constantly manipulated. Just focus on your trading/investing plan and ignore opinions.
There are endless studies showing how poor stock analysts are at picking stocks. Below is a video with a perfect example of what I am talking about. It does a good job of documenting how horrible the Fed Chariman Ben Bernanke is at understanding the economy and forcasting.
The fed is printing money at historic levels right now and that is being reflected in a collapsing dollar and new highs in gold/silver/metals/commodities. They will continue to say things are great, economy improving, etc…..but traders and investors need to learn to ignore all this and just have an investing plan that you stick to.
In uncertain times like now, opinions can be dangerous when investing. If market starts correcting and government or economists say everything is improving then learn to trust the markets and ignore the opinions. Enjoy the video………….
Learn The Biggest Obstacles New Traders Need to Overcome
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