How Often Should You Be Thinking About The Stock Market?
Posted by Timothy Sykes on Sat 4th of Apr, 2009 01:20:13 PMA few days ago, I saw this on a Tweet from Brian Shannon (you should follow me on twitter HERE) and since I’m currently in Aspen, it made me want to press home the point below:
I don’t even ski, but the beautiful mountainous background definitely helps me not think about the market (which is good because a.) you need to have a life and b.) experience has taught me that by not focusing on the market every day and having the patience to wait for those truly great trade setups.
I always have the market on my mind, but when there aren’t any Supernovas (as detailed HERE), I’m just not that interested in all the noise….guessing games, scalping, breaking news is all irrelevant to the richest and happiest market players out there…stop watching/reading entertaining/interesting but overall useless and, more importantly, potentially dangerous shit like CNBC/Bloomberg, WSJ.
I know the vast majority of you are years, if not decades, away from appreciating this strange but ridiculously true concept, but I gotta try!
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