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Thursday, August 25, 2005

Making a decision

I research a lot of things and gather more than enough information. But I have a difficulty in making a decision. I often look for others to validate what I've heard, feel or know. Most often I start to think about it all over again and obtain more information. This usually results in a decision... a decision to do nothing.

I know this and I need to do something about it.

When should I buy a stock
- When I've looked at the charts
- Review the fundamentals
- Determined a price to buy and sell (stop loss, price target)
- Use a scaled approach if I'm unsure

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