I've been reading a lot of stock books lately, and I feel a bit overwhelmed with all the info and strategies. I'd like to hear from others what is their best advice and strategies on investing and making money in the Stock market.
For example, sell if it goes down 10%; sell stock in the first hour of the trading day; buy stock in the last hour of the day; use covered calls; buy puts; etc.
Thanks. Hopefully this info can be helpful to others as well.
There is no good evidence that any of the strategies you mention really work. There is a lot of nonsense written out there. Your best best is to buy and hold a diversified portfolio of stocks. Studies show that people who buy and hold do better than those who trade a lot. For most people buying no-load low-fee mutual funds is the best way to invest. Read some of these links:
http://www.vanguard.com/VGApp/hnw/planningeducation
http://www.fool.com/school.htm
http://sec.gov/investor/pubs/assetallocation.htm
http://www.diehards.org/readsites.htm
http://finance.yahoo.com/education/begin_investing
http://finance.yahoo.com/funds/basics
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