It's quite a book with many examples, lessons and historical facts. I got it from the National Library. If you are out looking for it, it's probably borrowed...by me!
Well, the book taught me an analogy that I thought I should share.
The market is like tidal waves. Sometimes low, sometimes high. Stocks are like boats on the waves, they ride the waves up high as well.
here's the problem... Some boats have hidden HOLES. uh-oh. Imagine sitting on your boat, watching the rest of the boats going up and yours heading down. UH-OH.
Don't simply "follow the trend", do your homework. I can't emphasize more. Not that I'm in any position to "instruct" you to do it. But I learn there's just SO MANY things to look at just for ONE company. The P&L statements, the history of the company, the reputation of the company, the dividends they are paying out, their liabilities, their reserves, the list goes on.
Inspect your boat before going on it. You don't want to be on a submarine.
Courtesy of http://www.morningstaronline.co.uk/
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Each stock performs different in the market depending on the performance of relevant company. A trader should select a potential stock by consider important points like companies capabilities, financial strength and much more, many stock tips provider help the trader by giving suitable guidance on the right stock to buy.
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