What is going on with the stock market news today? It seems like every time that you have an insight into what the market should do next, a big news item comes up and blows your thesis out of the water. The volatility caused by the stock market news today has left many investors reeling and wondering if they can really invest profitably in this market.
On the other side of the volatility that the news 420 Culture has been causing in this market, is a whole other realm of investors and traders that are making a killing with the big swings in individual stocks. How have they been able to be so successful and know just when to get in and out of their stocks when average investors are getting killed?
After learning from professionals for a good portion of my stock investing career, I’ve learned that professionals who make money in the stock market day in and day out don’t base their trades around what the news entails. They don’t waste their time reacting to what has already happened and stressing out about what the next earnings report will be or when the next government bailout package will hit the newsstands.
Instead, professionals trust that price movements of stocks and underlying signals in the market will let them know what will happen well before the news actually hits the market. In fact, professionals oftentimes become so confident of their signals and systems that they learn that they don’t have to watch the stock market news at all! The freedom that they have from CNBC and online stock message boards enables them to leave behind the stressful volatility of the market while still reaping its rewards.