Pull the Trigger
In a phrase, when you have completed your analysis and chosen your stocks, go buy them. Do not worry if they are perfect, as the market will tell you that soon enough. The adage in poker is “know when to hold ’em and know when to fold ’em,” and it applies to the stock market, too. You are going to have some losing trades, so expect them and work to minimize their impact on your portfolio.
It all sounds good, right? However, all of this assumes a lot of readily available information and chart patterns that are clearly defined. In the next chapter, we will go over what really happens out there and how we can make the most of the imperfect information and conditions that really exist.
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