A professional stock market analyst has:
1.Understanding of wider market trends
2.Knowledge of individual sectors
3.Experience analysing financial accounts
4.Contact with the management of the stock
5.Access to rumours and upcoming deals
6.No emotional bias
That last point is often overlooked. It is easy to become attached to a stock simply because it is deemed to show promise. But if the share price is doomed, the level-headed investor must know when to cut a loss.
No comments:
Post a Comment