Understanding Business Cycles and Stock Trading
Understanding business cycles helps you optimize your trading strategy, mitigate risks, and seize opportunities for profit.
🧠 Thinking Deeper
- ☑️ Be willing to be contrarian. The most profitable investments are often the least comfortable.
- ☑️ Base your investment decisions on rigorous analysis and facts, not on emotions or popular opinion.
- ☑️ Measure your investing success by how well you're progressing towards your personal financial goals.
- ☑️ Learn to recognize extreme market sentiments and act contrary to them.
📚 Wealthy Wisdom
- ✨ The intelligent investor is a realist who sells to optimists and buys from pessimists. - Benjamin Graham
- ✔️ Don't look for the needle in the haystack. Just buy the haystack! - John Bogle
- 🌟 It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for. - Robert Kiyosaki
- 🚀 The market is a pendulum that forever swings between unsustainable optimism and unjustified pessimism. - Benjamin Graham