What It Means to Be a Stock Picker
Before recording this week's video for Options Profits with Jill Malandrino, she dropped the classic line, "It's a stock picker's market." As luck would have it, that remark popped up again in one of the videos we produced, and I had to think quickly to explain what being a stock picker is all about. I said that it's the process of avoiding big pops and big drops in a stock before an event of any kind.
But being a stock picker is not as clear-cut as that. To decipher whether events are good or bad, there has to be a deeper understanding of business trends and how they fit into the broader industry's dynamics. The rigorous analysis that goes into molding yourself into a successful stock picker is the primary reason to follow two basic investing principles:...580 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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