Thursday, 5 June 2008

Don't Follow Trend (2)

Even in the world of stock or commodity trade, running with very negative expectation that exceed the profits consistently. With most traders literally embracing the idea of "trend following", which carries a measure of historical price directional bias. Thus, the first buyers / sellers have the largest share of the pie. Does that not mean that this strategy gives nothing but fudge?

Waiting then emulation of other "strategies leads to nothing but arrives" late to the party. "You do not want to miss the party, which is where the money lies. Business schools continues to preach the cause and effect model, when studies of case of successful initiatives last complete curricula. This may explain why their graduates have no particular advantage in business operations than the average Joe.

When it comes down to it, innovative with the balls to implement innovative ideas hold the highest probability of success.

There are profitable opportunities throughout the day, but you have to discover them alone. It pays to become creative. Get a book about it, do your work from home. Make something that people want, but are not receiving, and the chances of winning will certainly swing their way.

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