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February 3, 2011
Edited: February 3, 2011
Share ThisSame applies to stocks
60% of folks are constantly looking for 10 baggers. going to every blog or searching for the holly grail
Same folks see wild fluctuations in their net worth.
While some folks are happy to trade boring stocks making $50 here $ 150 there and loosing some on daily weekly basis. Those are the stocks which I call white noise stocks. Off course any trade involves good loss protection. I add a stock to white noise based on decent volume and price stability over last 5 days with slight up ward bias
Every one can find 10 white noise stocks in about 2 hours of work on week end and just trade same during the following week - as long your trading costs are low.
Off course if that poor accuntant is working for Goldmansachs - then that is the icing on the cake
