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The Stock Contrarian is one who does not follow the crowd and is comfortable with holding independent judgment even if that is contrary to conventional wisdom or prevailing opinion of the majority.
In investing and trading, joining the crowd is psychologically easier than going against, particularly in conformist cultures, as skepticism and independent thinking are the hallmarks of the Stock Contrarian.
The Stock Contrarian therefore belongs to a minority that think and decide for themselves and don't care too much whether others agree or approve. In fact, the seasoned Stock Contrarian tends to be wary when the crowd agree.
The Stock Contrarian is therefore more laid back, does not chase after stocks, breakouts, etc. Rather, the goal of the Stock Contrarian is to patiently wait for price bottoms to buy/cover and price tops to sell/short.
Therefore, from time to time, stocks that appear at price bottoms and price tops are presented here by members as potential candidates for all members' information, discussion, attention and possible profitable action.
Mandatory DISCLAIMER:
The information and messages herein are not specific investment advice or recommendations and must not be so construed. Stock trading involves high risk and profitability can never be guaranteed. Please do your own independent research and due diligence and consult a qualified investment expert before you invest.
For those interested in personal finances, investing, mutual funds, exchange traded funds, stocks, options, trading, taxes, retirement, estate planning, etc...
我们唱着“我们是害虫”长大,吃着“小浣熊“方便面上小学,听着“beyond”度过中学时光,上着并轨后的高学费大学,而且不知道毕业后的前程在哪里。我们学过雷锋,也玩过变形金刚;喜欢戴着红领巾,也爱听rock n' roll。我们曾经爱做大人们不让做的事情,穿长辈们说不庄重的衣服。我们叛逆却又对一切充满激情。我们就是1980年后出生的传说中的80后。。。