Greed is good, is it for stock trading?
Remember this speech and quote “Greed is good” from the Wall Street Movie? Stock trading is about greed and how you handle it. Take for example HTZ stock and CHK stocks, both are tumbling today, yet they surged during the previous stock market trading sessions. Traders that caught their recent stock price appreciation could have made money. Making money in stocks is not that easy, with the risk involved. Nothing wrong with making money with a speculative bet. As long as you can handle the risk of investing in stocks that move based on rumors and their fundamentals argue that there are important reasons to stay away from. Both stocks to buy, stocks to sell are risky. Risk management and money management, due diligence and financial analysis are very important for investing concepts. The stock market always has the element of greed in it.
