Page 85 - Intelligent Investing (3)
P. 85
Why Choose Contrarian
● Remember no one can predict the future especially one who can’t read the
charts
● Being a contrarian means when people sell that means the price is lowering
and based on the RSI and Moving Average you should buy
○ This equals opportunity - Buy low and sell high or buy consistently to lower your average cost
● People often make decisions off 3 factors
○ Ego
○ Fear
○ What’s popular
● To be contrarian means to be
○ Calm
○ Neutral
○ Make your own analysis
