In today's day and age of high speed computers, lightning fast financial information and data overload, diving into the world of trading and self-directed investing can be a frightening challenge for a newcomer to say the least. Add on top of that deciding which strategy to use and it's no wonder why so many traders fail.
You can choose the path of fundamental analysis where you will focus on economic and financial reports to make decisions. You can focus on conventional technical analysis which is loaded with price patterns, indicators, oscillators and more. Maybe you want to combine the two like some people and spend 23 hours a day crunching data and looking at charts, leaving about 1 hour for eating and sleeping. An alternative approach may be something you are already very good at, properly buying and selling anything. Let's take a look at this approach to help figure out what makes sense.
retail. So, if I am a smart buyer and seller of anything, I know that when prices are at retail levels, I want to sell to someone who desires to buy at retail levels. Isn't that how businesses make money?