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1 pt

Stock exchange = Highway (a post from my deleted blog)

 Mar 04, 2008 06:16 AM UTC
Return Risk
-24.77% LOW
Sr. Analyst

Graphic_arrow1 Via Zdian's bideas:  


When i was driving, i started thinking about the similarity of a driver’s psychology and a stock trader’s psychology; highway and the stock exchange; cops and the SEC.Stock exchange is like a big highway with entry points and exits as you go. Somebody gets a good entry point when the market or the traffic is moving fast. Somebody gets not that good an entry point when the market or traffic is moving slow. In any case there is no such thing as a bad entry point. It all depends on how you work your way across the lanes, the actual trading.Speculators are like reckless drivers changing lanes insanely, day-trading. Speculators gain a lot, move fast, gain money like the drivers gain on time. But like reckless driving, speculation can be deadly.Traders who dont take any risk are like the drivers in the right most lane. They invest in bonds and some MFs. A good investor s

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