making money through stock market

United States
January 15, 2008 11:02am CST
I make money through the stock market, to me, it is far more easy and effective to watch trendlines rather than to read analytical reports becouse in my opinion, the one thing that drives the stock market more than anything else is emotion, people buy stock becouse they feel that it will go up, that creates a need, when everybody has bought all shares the price goes up
1 person likes this
4 responses
• Niger
15 Jan 08
The stock market is interresting but how things work there is the key mother of the day.I'll like to have more knowledge about it. Anyway welcome to mylot and hope you'll enjoye yourself in here.Just that on mylot you just have to post on people discussions and started discutions you gain when they respond on discussions you started and when you too respond on other discussion.But we have rules in here and you'll find more in the faq section at the bottom of this page. God bless you.
1 person likes this
@jormins (1223)
• United States
15 Jan 08
I'd be careful right now. I can't see many stocks doing well this year as it appears we are starting a recession. Didn't the market los like 5 straight days in a row? I used to have a friend big on the stock market. He was a recovered gambling addict but ironically he just replaced his gambling with the stock market making all kinds of trades daily. I think people need to be very careful before they think of investing in the market. If I had to invest in something right now I think Gold is one thing that will not falter but I'm sure its expensive to get in on that.
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@lucgeta (924)
• France
20 Jan 08
The market went to bear mode now, losing 20% from its peak and 77% of the stocks are lower than a year ago. You need to be careful, there is no trend to rely on and the recession will make things worst. These analyst reports may be very dull and so, thou they can exterminate a stock in a recommendation. One think that I learned is that stocks can go down very fast 5-10% in a day no matter what the trend is.
• Germany
20 Jan 08
Wouldn´t it be better to make money from Forex trading? Actually you also have to watch trendlines and indicators, but you´re more flexible because you can make money in rising AND falling trends. Sure, there´s also a great risk, so you must be very careful and gain enough knowledge before you even start. And you´re right, the market is driven by emotion and sometimes "self-fulfilling prophecies". Good luck to you!