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a little difference between investment and speculation

(2010-05-10 08:35:09) 下一個
I made money on the buy I did last Thursday and Friday, people may say that I am lucky that govs around the world acted over the weekend, but for me, I do not need the action over the weekend, the difference would just be how soon the profit would come, but if you were speculating, you need the gov action right away, otherwise you are jumpy, be ready to sell at loss at any fluctuation of the market.

Finally, after you find the right strategy for yourself and stick to it, there is really no difference between investing and speculating, there is only difference between right attitude and bad attitude (psychology).
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