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<p>[QUOTE="Cloudsweeper99, post: 1154533, member: 3011"]Well, you're wrong there. I would venture to say that more money has been lost trying to anticipate changes in direction in the market than from just about any other cause. There are basically only two reliable ways to make money in markets. (1) Buying something for less than present or future intrinsic value, which is value investing, and (2) trend following with loss controls. Everything else is guessing.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1154533, member: 3011"]Well, you're wrong there. I would venture to say that more money has been lost trying to anticipate changes in direction in the market than from just about any other cause. There are basically only two reliable ways to make money in markets. (1) Buying something for less than present or future intrinsic value, which is value investing, and (2) trend following with loss controls. Everything else is guessing.[/QUOTE]
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