Was it worth it?

I have been a tad pre-occupied over the past 4 to 5 months trying  something new in the way of trading – foreign exchange and stocks.

The advice was that if one leaves it to the system – then one can basically rely on the system to define buy and sell points. The biggest single problem though was the system itself.

One had to be able to ‘read’ the arrays and rely on the data – which I and a few others did to our detriment. We realized a tad late that the system forecast was only good for three consecutive periods.

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Lesson learned the hard way – now I have consigned this ‘trading tool’ to the bottom drawer – not to be ignored – but as an added tool to assist with making my own decisions.

My balance sheet  is now being repaired.

That is saying something – never trust one method solely – clear thinking and a rational deduction of current events is always best course in investing ones money.

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2 thoughts on “Was it worth it?

  1. I’ve been browsing on-line more than three hours as of late, yet
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  2. Hey thanks appreci8. Yellen may have forestalled the inevitable last September but the currency game of ‘whack-a-mole’ is on top of the list.
    They have achieved their objective – loss of value of the USD.
    Noticed that no country trying to fix their own balance sheets though – mind you derivatives dropped by 11 percent (170 trillion worth btw) but these are backed by ‘interest bearing securities’ ……..and the value of that real estate, student loans, car loans etal is ??????????
    The problem for Yellen though is the politics – Obama (and the IMF) are dictating policy.
    That will lead to bigger problems – the FOMC minutes read like a 1st Year economics student article – the USD cannot follow that path.
    Oh – and stay away from markets – capital is moving faster than a fart – everyone ‘thinks’ the bottom is is and that means trouble.
    Then again – stay away from Banks too…..

    Like

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