101867612
voted
People have been making money from stocks and shares for hundreds of years, but with millions of companies to choose from, it’s understandable that some people turn to key figureheads and even celebrities to inspire their financial decisions.
Who do you think has caused the most change on the stock market by a landslide?
Who else do you think is worth being nominated?
Would you tell mooers about your picks?
Who do you think has caused the most change on the stock market by a landslide?
Who else do you think is worth being nominated?
Would you tell mooers about your picks?
![Daily Poll: Who is the most influential celebrity in the market?](https://sgsnsimg.moomoo.com/1646807736903-77777000-android-org.gif/thumb)
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If you have not read Marks books , I highly suggest picking them up , the best of the bunch in my opinion is his " How to trade like a stock market wizard " . Very valuable resource to any traders knowledge base .
One of the most important concepts from Marks book for me was the stage analysis. It's very useful and fairly easy to identify and asses if you know what you are looking for . The logic is that there are 4 stages of a stocks cycle , this is arguably true for most stocks. Even if stocks are not super-preformers, which Mark's book especially focuses on identifying, they will still often follow these 4 stages of movements.
The 4 stages are as follows :
Stage 1 is the neglect phase or "consolidation"
Stage 2 is the advancing stage or "accumulation"
Stage 3 is the Toping phase or "distribution"
Stage 4 is the declining phase or "capitulation"
$PayPal (PYPL.US)$ $Meta Platforms (FB.US)$ $Tesla (TSLA.US)$ $SNDL Inc (SNDL.US)$
One of the most important concepts from Marks book for me was the stage analysis. It's very useful and fairly easy to identify and asses if you know what you are looking for . The logic is that there are 4 stages of a stocks cycle , this is arguably true for most stocks. Even if stocks are not super-preformers, which Mark's book especially focuses on identifying, they will still often follow these 4 stages of movements.
The 4 stages are as follows :
Stage 1 is the neglect phase or "consolidation"
Stage 2 is the advancing stage or "accumulation"
Stage 3 is the Toping phase or "distribution"
Stage 4 is the declining phase or "capitulation"
$PayPal (PYPL.US)$ $Meta Platforms (FB.US)$ $Tesla (TSLA.US)$ $SNDL Inc (SNDL.US)$
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