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Trading: the long and the short of it

If you can keep your head while all around you are losing theirs, you’d probably make a good investor. Times of turbulence on stock markets can be times of opportunity for the savvy investor. Picture the scene last week. City traders losing X billion pounds a day and having to cancel the order for that third gold-plated Porsche. Pension fund managers taking one look at their huge losses and… shrugging because it’s not their money. Uninformed media sources proclaiming the end of the world. Meanwhile, you could have been quietly sitting at your computer, raking in the cash. Most people are aware that to be successful at investing you should buy low and sell high. What fewer people...

posted on: Jan 25, 2008 | author: Alex