A lot of times the solutions to many of our problems when trying to profit from the financial markets has a lot to do with organizing and reorganizing the resources readily available with us. Sometime I call it spring cleaning your garage where we keep and store our not often use tools.
It is NOT about learning new materials. It is about putting our house in order before we learn new things to complement and progressively moving to success.
Formal Education is about LINEAR thinking process and the market is product of both LINEAR and NON-LINEAR cycle. At best anyone who approach the market using Linear Financial Analysis decision will be right 50% of the time. One has to sit tight for the market to prove we are right in this Linear approach because when we are wrong, it is due to the fact we are in the wrong trend cycle. We will wait until the cycle turn in our favor.
We can use the LINEAR ANALYSIS results as BENCHMARK but relying on this solely to make decision is dangerous.
Going back to the "garage" means we need to look around and ask what CYCLE knowledge we can use and apply in the market to complement the Financial Analysis?
The key to treading well in the market is about understanding CYCLE and different phases. This will help your risk management to success after screening the candidates using Financial analysis.
IF we have made the 100% correct rigorous analysis, and price refuse to move in our anticipation, what good is our 100% mark analysis?
Even if we make a simple back of the palm analysis which can be at best 50% rigorous, but price move accordingly, than this is better than the earlier scenario.
Our main objective is to ensure that we can identify the bus that is going to move next with the driver ready and roadworthy vehicle !!!
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