Comments on: How I made a couple thousand dollars on a bad day in the stock market in one day - understanding market terminology http://www.financephysician.com/2007/07/20/how-i-made-a-couple-thousand-dollars-on-a-bad-day-in-the-stock-market-in-one-day-understanding-market-terminology/ everything outside of work you need to think about Sat, 22 Nov 2008 00:13:03 +0000 http://wordpress.org/?v=2.2 By: Stock Option Investing Review http://www.financephysician.com/2007/07/20/how-i-made-a-couple-thousand-dollars-on-a-bad-day-in-the-stock-market-in-one-day-understanding-market-terminology/#comment-9031 Stock Option Investing Review Thu, 21 Aug 2008 19:01:54 +0000 http://www.financephysician.com/2007/07/20/how-i-made-a-couple-thousand-dollars-on-a-bad-day-in-the-stock-market-in-one-day-understanding-market-terminology/#comment-9031 Quote: "My general strategy so far is to focus my energy on learning more about health care industries because that is the industry that I am currently employed in. I want to minimize my risk by diversifying so I will buy various sectors outside of healthcare. I’m not too knowledgable in outside sectors so I will buy indexes outside of healthcare and buy individual companies in the sectors that I have more knowledge in." This is sound advice. It really helps if you can see a product or company that the herd doesn't see (as in your example of da Vinci, where you were able to see first hand the product they make) and realize that it's only a matter of time before the rest of the market joins the bandwagon. But aren't these types of opportunities rare? You really have to keep your eyes open to catch them. Having someone, like yourself, in the industry sharing his knowledge would be a definite advantage to those of us who are unfamiliar with these technological opportunities. Quote: “My general strategy so far is to focus my energy on learning more about health care industries because that is the industry that I am currently employed in. I want to minimize my risk by diversifying so I will buy various sectors outside of healthcare. I’m not too knowledgable in outside sectors so I will buy indexes outside of healthcare and buy individual companies in the sectors that I have more knowledge in.”

This is sound advice. It really helps if you can see a product or company that the herd doesn’t see (as in your example of da Vinci, where you were able to see first hand the product they make) and realize that it’s only a matter of time before the rest of the market joins the bandwagon. But aren’t these types of opportunities rare? You really have to keep your eyes open to catch them. Having someone, like yourself, in the industry sharing his knowledge would be a definite advantage to those of us who are unfamiliar with these technological opportunities.

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By: Jessica Moofy K. http://www.financephysician.com/2007/07/20/how-i-made-a-couple-thousand-dollars-on-a-bad-day-in-the-stock-market-in-one-day-understanding-market-terminology/#comment-143 Jessica Moofy K. Mon, 23 Jul 2007 20:51:58 +0000 http://www.financephysician.com/2007/07/20/how-i-made-a-couple-thousand-dollars-on-a-bad-day-in-the-stock-market-in-one-day-understanding-market-terminology/#comment-143 thanks for the tips thanks for the tips

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