This advice rings true for modern-day investors. Your temperament, your inner spirits should guide you in making investments. If you are a conservative, risk-averse person, then don t kid yourself. Face up to it, and invest accordingly, which means conservatively. On the other hand, if you re more venturesome, more willing to accept higher risk in return for the potential of higher reward, you should be able to act more aggressively in the market.
Most people invest for different reasons at different times and use various methods.
Whatever approach, or approaches, you take, the most important thing is to know why you bought a particular stock. Friend Investor Your friend phones. If you are likely to buy in this situation, then you are a friend investor. Friend investors rely on the advice of other people to make their decisions. Technical Investor Moving averages, candlestick patterns are the sort of things the technical investor deals with.