Developing The Box Theory For Stock Market Predictions
After my frightening experience with JONES & LAUGHLIN, and my more fortunate stock market predictions experience with TEXAS GULF PRODUCING, I sat down to assess my position. By now I had been scared and beaten by the market enough to appreciate that I should not regard the stock market as a mysterious machine from which, if I were lucky, fortunes could be extracted like the jackpot in a slot machine. I realized that although there is an element of chance in all stock market predictions, I could not base my operations on luck. I could be lucky once, maybe twice - but not constantly in my stock market predictions. No, this was not for me. I must rely on knowledge. I must learn how to operate in the market. Could I win at bridge without knowing the rules? Or in a chess game without knowing how to answer my opponent’s moves? In the same way, how?
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